U.S. chip manufacturers could Lose More than $1 billion a year due to tariffs
New tariffs by US President Donald Trump could cost American chip manufacturers more than $1 billion a year. This was reported on Tuesday, April 15, by the Reuters news agency, citing sources familiar with industry calculations.
"Each of the three largest manufacturers of chip equipment in the United States — Applied Materials, Lam Research and KLA — may incur losses of about $350 million during the year related to tariffs," the publication says.
Another chip manufacturing company, Onto Innovation, may also face additional costs of tens of billions of dollars.
At the same time, the publication clarified that these companies have already suffered billions of dollars in losses as a result of the introduction by former American leader Joe Biden of restrictions on the supply of advanced equipment to China.
Earlier in the day, White House press Secretary Caroline Leavitt said that, in Trump's opinion, the ball is on the side of China in the trade dispute between the United States and China.
On April 2, the American leader announced the introduction of base duties of 10% on products imported from other countries. For the European Union (EU), this figure was raised to 20%, and for China — to 34%. On April 4, Beijing imposed retaliatory duties of 34% against the United States, after which Washington announced an increase in anti-Chinese duties to 104%. Later, the Chinese authorities decided to raise duties on imported goods from the United States to 84% as a mirror measure.
On April 9, President Trump announced the suspension of duties previously imposed on a number of countries for 90 days. He also announced an immediate increase in duties on products from China to 125%. On April 10, this figure reached 145%.
Переведено сервисом «Яндекс Переводчик»
