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What Trump’s win means for the CHIPS Act and automotive semiconductor imports

Former U.S. President Donald Trump attends a rally in Wilkes-Barre, Pa., Sept. 3, 2022.
In October, Donald Trump suggested that high tariffs on chip imports could be more effective at attracting investments to the U.S. “You tariff it so high that they will come and build their chip companies for nothing,” he said. (REUTERS)
Last Updated
November 21, 2024 01:00 PM

President-elect Donald Trump’s return to office comes as the auto industry looks to diversify semiconductor sources to insulate itself from conflict between microchip powerhouses Taiwan and China.

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