The Trump tariffs could financially hit Apple's chip production partnership with TSMC, after the President insisted the import taxes will be applied to semiconductors and other specific industries in the near future.

The tariffs would ensnare cutting-edge smartphone and PC-related chips for Apple, AMD and Nvidia if enacted. But Trump is betting his plan will bring more chip production to the US.

When you buy through links on our articles, Future and its syndication partners may earn a commission.

Some are suggesting that this would affect the price of everything Apple makes, as its chips are made in Taiwan, but that’s almost certainly not the case … The Register reports that Trump threatened to set the rate as high as 100%.

Taiwan's government has been swift to respond to the talk of huge tariffs by the recently inaugurated 47th president of the United States.

President Donald Trump said he would soon impose new tariffs on computer chips, repeating a campaign promise that if enacted could have deep impacts on the global tech industry and the geopolitical battle over AI with China.

President Donald Trump announced the introduction of tariffs on semiconductors from abroad, mainly from Taiwan, to encourage companies to move production to the USA. Trump also stated that the success of the Chinese AI model,