
The tariffs that Trump is set to implement may lead to higher prices for PCs and laptops.
Nvidia
President Donald Trump is set to announce new tariffs on imported semiconductors as early as this week, indicating a broader initiative to bring advanced manufacturing back to the United States. As reported by Reuters, this action arises amid increasing trade tensions and could soon be followed by additional tariffs on smartphones, laptops, and other electronics.
While speaking aboard Air Force One, Trump articulated the aim of reducing U.S. dependency on foreign-made chips. “We want to produce our chips and semiconductors and other products in our own country,” he stated, stressing the importance of reshoring vital components of the tech supply chain. He also mentioned the need for flexibility, suggesting that there could be exemptions for companies that fulfill certain criteria.
Commerce Secretary Howard Lutnick noted that smartphones and computers, which were initially exempt from tariffs in last week’s China trade deal, are likely to face separate tariffs within two months. Additionally, a new national security trade investigation into the chip and electronics supply chain is currently in progress, setting the stage for further actions.
The markets have reacted strongly to the ongoing unpredictability. The S&P 500 has fallen over 10% since Trump took office again this year. Bill Ackman, a supporter of Trump yet a critic of tariffs, has urged the president to pause China tariffs for 90 days and temporarily reduce them to 10%, arguing that this would still facilitate supply chain adjustments without significant disruption.
Critics from both political parties have expressed their concerns, with Senator Elizabeth Warren labeling the administration's strategy as “erratic and economically dangerous,” cautioning that such measures could push the U.S. towards a recession.
Despite the criticism, Trump’s team maintains that the new tariffs are strategically essential for safeguarding U.S. industries and national security. Given the continued fragility of global supply chains, this move could transform how and where technology products are manufactured worldwide.
Kunal Khullar is a computing writer at Digital Trends who covers various subjects, including CPUs, GPUs, monitors, and more.
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The tariffs that Trump is set to implement may lead to higher prices for PCs and laptops.
Trump's recent tariffs on imported semiconductors suggest that technology products such as smartphones and laptops may be next in line.