By Hash Techs 
Processors and other computer chips could face restrictions when imported into the United States, as President Donald Trump plans to impose tariffs on them to promote domestic manufacturing.
He stated at the World Economic Forum in Davos that he plans to lower taxes to entice manufacturers and cautioned that businesses deciding to maintain production overseas will face tariffs.
How do pricier processors impact me?
If tariffs are imposed on imported chips, prices may increase because numerous companies depend on suppliers from Asia, particularly Taiwan and South Korea. Brazilians could be affected if a product is imported from the US but is manufactured domestically and uses chips imported from other countries.
The range of products containing chips is extensive, encompassing not only high-tech devices like laptops and smartphones, but also factories utilizing imported machinery and medical companies manufacturing equipment for healthcare facilities and workplaces.
Who produces chips in the United States?
Intel is the top semiconductor producer in the United States, operating plants in Arizona, New Mexico, and Oregon. Additionally, Taiwan Semiconductor Manufacturing Company (TSMC) has established factories in the country with government support, and currently manufactures iPhone processors at its facility in Phoenix, as reported by Business Insider.