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Trump’s chip tariff threat sparks pushback from auto industry to tech

Michael Shepard / Bloomberg
Michael Shepard / Bloomberg • 6 min read
Trump’s chip tariff threat sparks pushback from auto industry to tech
Assembly of a lithography machine at the ASML plant in Veldhoven, Netherlands. Photo: Bloomberg
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Blowback to President Donald Trump’s idea of tariffs on imported semiconductors is proving to be broad and deep, stretching from auto companies and boat makers to the technology industry and crypto enthusiasts, according to a review of more than 150 public comments on the proposal.

The possible levy of up to 25% has united rivals like Tesla, General Motors and Ford Motor in voicing reservations. It’s brought together industry lobbies from the Crypto Council for Innovation to the National Marine Manufacturers Association.

Even Taiwan and the People’s Republic of China are finding common cause, along with predictable parts of the tech sector including chipmakers and wireless providers.

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