Catherine Thorbecke, Columnist

Apple Has Trade War Lessons for TSMC

New semiconductor tariffs would be terrible policy. That likely won’t stop Trump from pulling the trigger.

New semiconductor tariffs are a terrible idea.

Photographer: I-Hwa Cheng/Bloomberg

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Fresh from instigating global chaos with his tariff blitz, President Donald Trump declared that the initial reprieve felt by the chips sector — and the global tech industry that relies on it — would be short-lived.

While exempt from the opening salvo, which is now largely on hold, Trump told reporters a day later that new levies on semiconductors would be coming “very soon.”