Chip tariffs will hit 25 percent by April — and then go higher
How much do you think Nvidia GeForce 5090s will cost after the China and chip tariffs are applied?
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President Donald Trump said that he expects the U.S. government to impose chip tariffs of 25 percent by April 2, adding to the woes of tech buyers already burdened by high prices. But that’s not all, as Trump said he expects to raise them even more over the course of 2025.
Trump was quoted by CNN and other publications, speaking from his resort in Mar-a-Lago, Florida. During the same conversation, Trump said he plans to apply automotive tariffs of 25 percent, plus the same for pharmaceuticals as well.
