TSMC(US:TSM) 智通财经网·2025-09-27 05:38Core Viewpoint - The Trump administration is considering imposing tariffs based on the chip content of imported electronic devices to encourage manufacturing to return to the U.S. [1][2] Group 1: Tariff Implementation - The U.S. Department of Commerce may levy tariffs proportionate to the estimated value of chip content in products [1] - If implemented, this plan could lead to increased taxes on a wide range of consumer goods, potentially exacerbating inflation [2] - The proposed tariff rates include 25% on imported equipment with chip content, while products from Japan and Europe may face a 15% rate [3] Group 2: Economic Implications - Economists warn that such tariffs could raise consumer goods costs, especially as inflation is already above the Federal Reserve's 2% target [2][3] - The administration's strategy includes tariffs, tax cuts, deregulation, and leveraging energy advantages to bring key manufacturing back to the U.S. [2] Group 3: Exemptions and Conditions - The Department of Commerce may consider granting equivalent tariff exemptions if companies relocate half of their production capacity to the U.S. [3] - There is a suggestion to exempt chip manufacturing tools from tariffs to avoid increasing production costs, but this has faced opposition from the White House [3]