Apple secures Trump tariff exemption through U.S. chip production deals

Apple secures Trump tariff exemption through U.S. chip production deals

N
News Editor
2026-07-12 11:56:44
Apple has won an exemption from the Trump administration’s 100% tariff on imported semiconductors after agreeing to expand chip production in the United States through partnerships with Intel and Broadcom, according to Techub, citing CryptoBriefing. The arrangement was negotiated by Apple CEO Tim Cook with President Donald Trump and Commerce Secretary Howard Lutnick. The report says the agreement forms part of Apple’s broader commitment to invest $600 billion in the U.S. over four years. As part of the plan, Apple also reached a domestic chip manufacturing deal with Broadcom worth more than $30 billion, with expected output of 15 billion chips. Intel’s production lines are expected to take another two to three years to come online. The full effect of the manufacturing push may not be visible until 2028 to 2029, based on the report.
AppleIntelTrumptariff exemptionsemiconductorsBroadcomU.S. manufacturing

Apple has secured an exemption from the Trump administration’s 100% tariff on imported semiconductors by working with Intel to produce chips in the United States, according to Techub, which cited CryptoBriefing.

The deal was negotiated by Apple CEO Tim Cook with Donald Trump and Commerce Secretary Howard Lutnick. It is part of Apple’s pledge to invest $600 billion in the U.S. over four years.

Under the arrangement, Apple also struck a U.S.-based chip production partnership with Broadcom worth more than $30 billion. The report said the effort is expected to produce 15 billion chips.

Intel’s manufacturing lines are expected to need two to three years before entering production. The full impact may show up in 2028 to 2029.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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