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Trump's 100% chip tariffs will likely hurt smaller manufacturers, as major companies court exemptions
Samsung, SK Hynix, and TSMC might be safe from steep tariffs, though smaller manufacturers may be vulnerable.
Following the announcement from President Donald Trump that he would seek 100% tariffs on foreign-made chips, serious concerns grew about the impact on the wide range of industries that use them. With limited information from the White House about when tariffs would come into effect or how they might be applied, stocks swung in early morning trading as companies and investors tried to make sense of changes to the global chip supply. This is positive for EU chip companies like ASML, ASMI, Infineon, and STMicroelectronics, the latter of which saw limited stock losses quickly rebound when it became clear it would dodge the 100% rate.
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