Trump to announce new tariff plan for semiconductors & chips next week

Donald Trump plans to impose new tariffs on semiconductor and chip imports to boost US manufacturing. This announcement follows a Commerce Department investigation into the semiconductor market. While smartphones and computers were previously excluded from higher tariffs, these new measures aim to incentivize domestic production.

Trump to announce new tariff plan for semiconductors & chips next week
Donald Trump plans to impose new tariffs on semiconductor and chip imports to boost US manufacturing. This announcement follows a Commerce Department investigation into the semiconductor market. While smartphones and computers were previously excluded from higher tariffs, these new measures aim to incentivize domestic production.