According to CNBC, US President Trump said on the 5th that he would announce the tax on new semiconductors and chips as early as next week. Trump pointed out when he accepted the CNBC Financial Forum (Squawk Box) that he would push for semiconductor...
According to CNBC, US President Trump said on the 5th that he would announce the tax on new semiconductors and chips as early as next week.
Trump pointed out when he accepted the CNBC Financial Forum (Squawk Box) that he would push for semiconductor and chip taxes. This is independent, because these products are expected to be made in the United States.
The tax dependent on semiconductors and chips will cause some trade partners to face a significant increase in tax dependent. Global demand for semiconductors and chips has grown explosively in recent years, including the development of a booming artificial intelligence (AI) industry. With new taxes imposed, the Trump administration hopes that more semiconductors and chip manufacturing will return to the United States.
Trump also mentioned that taxes on imported drugs may end up reaching 250%. He previously said that drug taxes can reach up to 200%, and despite the latest data from multiple public opinion agencies showing that Trump's approval rating has dropped, he still claims that he is the best in the history of public opinion, as the result of the public's preference for taxes.
