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Trump’s 100% semiconductor tariffs may hit chipmakers in Singapore, other S-E Asia nations
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The US President did not say when the new tariff would take effect or whether only new investments would get exemptions.
PHOTO: AFP
Follow topic:
- Trump proposes 100% tariffs on chips, exempting US-based manufacturers like TSMC and Intel to encourage domestic production.
- Advanced AI chips from East Asia may be spared due to the US-China AI race.
- Legacy chips from countries like Singapore, Malaysia and the Philippines face tariffs, impacting various industries despite lower value.
AI generated
AUSTIN – Advanced chips used in artificial intelligence (AI) may escape US President Donald Trump’s proposed sky-high tariffs, but legacy chips that are made in Singapore and other South-east Asian countries like Malaysia and the Philippines will likely take a hit.
A lot of questions are up in the air for the semiconductor industry after Mr Trump’s sudden announcement of an “approximately 100 per cent” tariff