Tech

Trump proposes 100% tariff on foreign computer chips

Trump plans 100% tariff on foreign computer chips, threatening prices of electronics while encouraging domestic manufacturing investments

Published

7 months ago

August 7, 2025

Ahron Young

Trump plans 100% tariff on foreign computer chips, threatening prices of electronics while encouraging domestic manufacturing investments

In Short:
– Trump announced a 100% tariff on foreign computer chips, exempting US manufacturers.
– Apple plans to invest $100 billion in US manufacturing while concerns rise for countries dependent on semiconductors.

Donald Trump announced a 100% tariff on foreign computer chips, potentially increasing costs for electronics and other essential goods.

During a meeting with Apple CEO Tim Cook, Trump stated, “We’ll be putting a tariff on of approximately 100% on chips and semiconductors.” He added that companies manufacturing in the US would be exempt from this tariff.

The move comes as Trump and Cook discussed Apple investing $100 billion in US manufacturing over four years, on top of a previous $500 billion commitment. Although Apple primarily manufactures abroad, these investments aim to boost domestic production.

The Taiwan Semiconductor Manufacturing Company (TSMC) and South Korea’s Samsung Electronics and SK Hynix will be exempt from the tariff, as confirmed by official statements. Nvidia is also expected to be exempt due to its US facilities.

Concerns have been raised about the impact on countries heavily reliant on semiconductor exports, such as the Philippines.

Tariff Overview

Trump’s tariff signals a shift from prior strategies aimed at encouraging chip production through funding and incentives, like the bipartisan Chips and Science Act signed into law by Joe Biden in 2022. This new approach may raise costs for consumers while pushing companies to establish domestic operations.

Tech

Apple set to unveil budget iPhone 17e, new iPads and low-cost MacBook

Apple’s Tim Cook announces major product reveals this week, highlighting budget iPhone 17e, new iPads, and low-cost MacBook.

Published

1 day ago

February 27, 2026

Harvey Vargas

Apple’s Tim Cook announces major product reveals this week, highlighting budget iPhone 17e, new iPads, and low-cost MacBook.

Apple Inc. CEO Tim Cook has confirmed a major week of product announcements kicking off Monday morning, building momentum toward a global “Apple Experience” event across New York, London and Shanghai. The tech giant is expected to spread its reveals across three days, fuelling speculation about its biggest refresh cycle yet.

Leading the buzz is the rumoured budget-friendly iPhone 17e, signalling Apple’s push to capture more price-conscious consumers without sacrificing performance. Two new iPads powered by advanced chips are also tipped to headline the lineup, pointing to stronger AI capabilities and faster processing speeds.

Rounding out the expected reveals is a low-cost 12.9-inch MacBook that’s already generating serious interest, alongside updated MacBook Pro models and a refreshed Mac Studio. It’s shaping up to be one of Apple’s most significant multi-product launches in recent years.

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#Apple #TimCook #iPhone17e #AppleEvent #TechNews #iPad #MacBook #Innovation

Tech

Nvidia posts record revenue as AI fears shake investors

Nvidia’s £68.1 billion revenue, up 73%, raises investor concerns about AI’s impact and tech customers’ financial health.

Published

1 day ago

February 27, 2026

Harvey Vargas

Nvidia’s £68.1 billion revenue, up 73%, raises investor concerns about AI’s impact and tech customers’ financial health.

Nvidia posted strong quarterly earnings, but Wall Street remained unimpressed, causing shares to fall 5%. Analysts point to investor concerns over AI dominance and a stalled $100 billion deal with OpenAI.

Experts discuss what factors in the earnings report failed to meet market expectations, including revenue projections and details around the Vera Rubin chip architecture. Competition from alternative chipmakers and scrutiny of hyperscaler cash flows are also shaping investor sentiment.

Despite recent setbacks, analysts remain cautiously bullish on Nvidia, highlighting long-term AI potential and the company’s dominant position in the chip market.

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Tech

Meta launches lawsuits over alleged scam advertising operations

Meta targets scam advertising networks in Brazil, China, and Vietnam, intensifying its crackdown on scams across its platforms.

Published

1 day ago

February 27, 2026

Harvey Vargas

Meta targets scam advertising networks in Brazil, China, and Vietnam, intensifying its crackdown on scams across its platforms.

Social media giant Meta has launched aggressive legal action targeting alleged scam operations using its platforms. The company has filed lawsuits against four advertising networks based in Brazil, China and Vietnam.

Meta has also issued cease and desist letters to eight marketing consultants accused of helping clients bypass the platform’s enforcement systems. The move signals a tougher stance on organised scam activity operating at scale.

While no criminal charges have been laid, Meta says it is doubling down on efforts to protect users and restore trust across its platforms as scam activity continues to rise globally.

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