Trump vs. BRICS: Is there a threat of a global chip war over semiconductors?

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BRICS fears Trump plans 100% tariffs on semiconductor products to curb de-dollarization.

Trump vs. BRICS: Is there a threat of a global chip war over semiconductors?

Donald Trump, the newly elected President of the USA, is causing a stir! In a dramatic move, there is speculation that he could impose a hefty 100% tariff on semiconductor shipments entering the States. This measure would be a huge blow to the BRICS countries if they continue to toy with the idea of ​​bypassing the US dollar in trade. The goal is clear: the dollar should remain king! But what impact would this step have? Malaysian voices are sounding the alarm that this will cause major waves on both sides, reports watcher.guru.

Tengku Zafrul Aziz, Malaysia's Minister of Trade and Industry, made it clear that the US and BRICS nations are closely linked through the supply chain. Such a tariff could mean a real hangover for American companies, which rely on global supplies of semiconductors. China in particular is being targeted as one of the largest suppliers, while Malaysia is notorious for its role in cutting-edge production in the industry. A storm is coming and the semiconductor industry is holding its breath - this barrier could shake the landscape!