I think they assume that a USA device would have tariff only on the imported chips inside, whereas a device from another country would have its chips tariffed, as well as an additional tariff on the full device when imported.
I don’t know if this is the case or not because Trump is unclear and as others have pointed out this would be trivial to evade if components aren’t tariffed separately.
No matter what those in the USA would be paying more for electronics.
So any product containing chips will have a 100% tariff applied?
Edit: product imported to the USA
I feel like there must be a miscommunication/misunderstanding here.
The tariffs only apply to the imported products. That’s how tariffs work.
Right.
If you import components into a US product then you only pay the tariff on those components, not the entire product.
Isn’t that in agreement with OP? Any products made in USA that contain chips will cost more to make due to the 100% tariff on the chips.
I believe they’re referring to products made in the USA that contain chips.
As in importing chips would be 100% but importing a product that contains chips would be 15%?
Warning, it gets racist the deeper you read.
In Canada, I’d like to see Interac develop into one. Hopefully more prominence wouldn’t ruin it
Edit:
Following several aborted merger attempts which were either blocked by the Competition Bureau or by some of the co-owners between 2008 and 2013, Interac and Acxsys were combined into a single for-profit organization, Interac Corporation, on 1 February 2018.
Never mind. It would be inevitable.
This feels like semantics. Sure, domestically made products wouldn’t have tariffs directly applied. But they will still increase in price as a result of this policy.
Which most of us here have reduced to “prices will rise on USA made products as a result of these tariffs”.
So yes, tariffs aren’t applied to domestic productions directly, but the end product will still cost more and the reason will be the tariffs.
I think we agree now, yes?