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President Trump discusses 25% chip tariffs, Taiwan chip companies plan shift to US production
TL;DR: President Trump announced that semiconductor tariffs on imported chips will increase to 25% or higher by 2025. The US government will allow chip companies time to relocate production to the US, where no tariffs will apply. This aims to minimize disruption in the semiconductor industry. President Trump has ensured that semiconductor tariffs on chips imported into the US would increase higher over the course of 2025, with new details on the tariffs shared during