
Trump Targets Samsung and Apple Alike: New Tariff Plans Spark Global Reactions
- President Trump announced a 25% tariff on Apple that will also apply to Samsung and other smartphone makers, signaling a tougher stance on global tech companies.
- In response, South Korea unveiled a $23 billion support package to protect its semiconductor industry amid growing trade uncertainty.
South Korea Responds with $23 Billion Chip Support as Trade Tensions Escalate
In a move that’s stirring global tech and trade circles, U.S. President Donald Trump announced that his proposed 25% tariff on Apple products will also extend to Samsung and other smartphone manufacturers. Speaking from the Oval Office on Friday, Trump emphasized that no major player would be exempt from the upcoming tariff wave.
Equal Tariffs for Rivals: Apple and Samsung in the Crosshairs
The decision to include Samsung, Apple’s largest global competitor, marks a significant shift in Trump’s trade policy stance. Historically, foreign tech giants like Samsung have enjoyed more lenient treatment compared to American companies such as Apple. However, Trump’s latest remarks indicate a more level playing field—albeit one riddled with higher costs and market uncertainty.
Trump’s statement comes amid growing concerns over trade imbalances and national security risks linked to global tech supply chains. “We’re not going to play favorites,” Trump told reporters. “If Apple is subject to a 25% tariff, so is Samsung.”
South Korea Responds: $23 Billion Lifeline to Chipmakers
Reacting swiftly to the rising trade tension, South Korea unveiled a massive $23 billion support package aimed at bolstering its semiconductor industry. The move is seen as a direct response to the potential fallout from U.S. tariffs and a signal that Seoul is ready to defend its critical tech sector.
The announcement reflects growing fears among South Korean officials that escalating U.S. trade measures could destabilize the global smartphone and chip markets, where companies like Samsung and SK Hynix are major players.
A Tariff Tangle with Broader Implications
Trump also reiterated his stance on maintaining a 50% tariff on the European Union if no trade deal is reached, suggesting a broader hardline trade policy may be ahead. The ripple effects of these decisions could redefine international supply chains, impact consumer pricing, and ignite fresh political tensions.
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With major tech firms and global governments watching closely, the coming weeks could prove pivotal for the future of international trade in the tech sector. For now, the message from Washington is clear: no one gets a free pass.