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New Semiconductor Tariffs Could Raise Device Costs

 
• By Elizabeth Orr

Proposed tariffs on semiconductors from President Donald Trump could significantly raise costs for the US medical device industry. Current domestic production cannot meet demand, spurring concerns about potential price increases for consumers and healthcare systems.

Semiconductor manufacturing machine.
(Fotogrin/Shutterstock)

US President Donald Trump’s proposed tariffs on semiconductors could impose significant costs on the US medical device industry as well as consumers, new research from analytics firm GlobalData shows.

Semiconductor access and cost has been a significant issue for the medtech sector since the supply chain interruptions of COVID-19

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