Potential Tariff Increase on Computer Chips

Donald Trump, while speaking to House Republicans on January 27 advised that he would be increasing tariffs on foreign made computer chips and semiconductor devices.  

Trump said, "In the very near future, we are going to be placing tariffs on foreign production of computer chips, semiconductors, and pharmaceuticals to return production of these essential goods to the United States,". 

Chips from Taiwan would be greatly affected by these increases, as Taiwan currently dominates the global advanced semiconductor market. Increasing tariffs on Taiwanese chips could greatly increase the cost of day-to-day items like computers and smartphones, but it could also affect many AI investments as companies like Nvidia get semiconductor components from Taiwan.  

If you have any questions about tariffs and how you may be affected by the increases, please contact Allyn International at sales@allynintl.com 

Contributor: Matt Dreckman

---

About Allyn International 

Allyn International is dedicated to providing high quality, customer centric services and solutions for the global marketplace. Allyn's core products include transportation management, logistics sourcing, freight forwarding, supply chain consulting, tax management and global trade compliance.  Allyn clients range from small local businesses to Fortune 500 firms. Allyn conducts business in more than 20 languages and has extensive experience in both developed and emerging markets. Highly trained experts are positioned throughout North America, Europe, and Asia. Allyn’s regional headquarters are strategically located in Fort Myers, Florida, U.S.A., Shanghai, P.R. China and Prague, Czech Republic. For more information, visit www.allynintl.com.