How Trump’s Tariffs Could Drive Up Tech Prices

U.S. President Trump’s new tariffs are estimated to cost North America $50B and have ripple effects across the tech sector.

President Donald Trump has imposed tariffs that could reshape the North American tech landscape, adding $50 billion in new costs for Canada and Mexico alone. The tariffs — 25% on all imports from Canada and Mexico, 10% on Chinese goods, and 25% on European Union tech components like semiconductors — are set to disrupt supply chains, increase consumer prices, and push major tech firms toward domestic production.

By March 12, imported steel and aluminum will be hit with a 25% tariff, and by April 2, chips and other critical EU tech components will follow. With 80% of U.S. foundry capacity for key semiconductor sizes currently reliant on China and Taiwan, experts predict ripple effects across the entire tech sector — impacting everything from smartphones ...