President Trump announced a sweeping 100% tariff on imported computer chips, aiming to pressure tech companies to shift manufacturing to the U.S.
The tariff won’t apply to chips made domestically, which has helped boost confidence in firms like Apple and Nvidia that have already committed major investments in U.S. production.
While the policy could support American manufacturing, it also risks raising prices on electronics, vehicles, and household goods—potentially fueling inflation and creating new supply chain challenges.