US plans Big Tech carve-out from next wave of chip tariffs with Trump admin intending to spare companies including Amazon (AMZN), Google (GOOG) and Microsoft (MSFT) from forthcoming tariffs on chips, according to FT

The US decision to potentially exempt major tech companies like Amazon, Google, and Microsoft from upcoming chip tariffs is a strategic move that could strengthen these firms’ competitive positions and investment commitments.

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US plans Big Tech carve-out from next wave of chip tariffs with Trump admin intending to spare companies including Amazon (AMZN), Google (GOOG) and Microsoft (MSFT) from forthcoming tariffs on chips, according to FT

Australian Westpac Consumer Confidence Index (Feb) 90.5 (Prev. 92.9)

Australian Westpac Consumer Confidence Change (Feb) -2.6% (Prev. -1.7%)

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  • Commerce Department is planning to provide US hyperscalers with tariff carve-outs, which would be tied to investment commitments made by TSMC (2330 TT).
Context

This development may alleviate supply chain pressures and provide a boost to the technology sector, while influencing relationships with global chip manufacturers, such as TSMC. Expect potential volatility in related equities and shifts in market sentiment regarding tech and tariff policy implications.

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