Trump’s planned 100% computer chip tariff sparks confusion among businesses and trading partners The U.S. imports few chips because most are already part of assembled products like iPhones and cars.

Still, a new tariff on chips could hit a wide range of products, from smartphones and laptops to cars and video game consoles ... But Miller noted that the U.S. is best at producing higher-end chips.

President Donald Trump plans to launch a 100% tariff on non-U.S. computer chips. Experts say the move could hurt consumers.

The U.S. imports a relatively small number of chips because most of the foreign-made chips in a device — from an iPhone to a car — were already assembled into a product, or part of a product ...