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trump plans 100 percent tariffs on computer chips


Donald Trump

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Computer chips manufacturing companies in the US will be exempted from import tax. Lack of computer chips during the Kovid-19 epidemic increased automobile prices and promoted inflation.

US President Donald Trump said on Wednesday that he would impose 100 percent fee on computer chips. If this happens, the prices of electronics, automobiles, home appliances and other essential products dependent on the processor -based processor in the US may increase.

Trump said during a meeting with Apple Chief Executive Officer (CEO) Tim Cook, “We will impose about 100 percent fees on chips and semiconductor.” They added together, … but if you are building in America, there will be no fee. The announcement came after more than three months after the trump’s most electronics products are given a temporary discount from the fee.

He said that companies making computer chips in the US will be exempted from import tax. Lack of computer chips during the Kovid-19 epidemic increased automobile prices and promoted inflation.

Disclaimer: Prabhasakshi has not edited this news. This news has been published from the feed of PTI-language.



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