Trump's 100% chips tariff has a giant however (I like massive buts and I can’t lie)

As a recap of the sooner information:

• Trump guarantees very massive, 100%, tariffs to come back on chips and semiconductors

Trump has introduced a 100% tariff on all imported pc chips and semiconductors, aiming to spice up home manufacturing.

Nevertheless, Trump did present an ‘out’ – corporations which can be already constructing or have dedicated to constructing manufacturing services within the U.S. can be exempt. Whereas the transfer is designed to encourage onshoring, it might increase costs on electronics, automobiles, home equipment, and different shopper items.

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I ponder if some kind of obscure promise to construct within the US can be sufficient qualify for the exemption? In all probability, can be my guess.

This text was written by Aaron Cutchburt at investinglive.com.