US Tariffs on Semiconductors: A Strategic Move

The U.S. Commerce Department has implemented a 25% tariff on specific high-end semiconductors as a national security measure. This 'phase one' action might lead to further measures, as President Trump aims to bolster domestic semiconductor manufacturing. Future negotiations could impact these tariffs.

The U.S. Commerce Department has announced a 25% national security tariff on certain high-end semiconductors. This 'phase one' action was revealed on Wednesday as a measure to protect the U.S. semiconductor sector.

According to a White House official, further actions may follow based on ongoing negotiations with various countries and companies.

The official, who remained anonymous, mentioned that President Donald Trump previously threatened a 100% tariff on non-domestic chips, aiming to enhance U.S. semiconductor production.

(With inputs from agencies.)