Trump Administration Weighs Chip Tariffs, Rules Out New Levies for 2 Weeks
Updated
Updated · Bloomberg · May 22
Trump Administration Weighs Chip Tariffs, Rules Out New Levies for 2 Weeks
3 articles · Updated · Bloomberg · May 22
Jamieson Greer said the Trump administration is still considering tariffs on imported semiconductors, but no new duties are planned tomorrow or next week.
At a Micron memory-chip plant expansion event in northern Virginia, Greer argued import levies could help bring semiconductor production back to the United States.
The administration is still discussing the timing and scope of any chip tariffs with industry, leaving both the size and start date of potential measures unresolved.
The deliberations underscore Washington's broader push to use trade policy to spur domestic semiconductor manufacturing rather than rely on overseas supply.
Will foreign-owned chip fabs built on US soil be exempt from the new semiconductor tariffs?
How will new chip tariffs avoid past failures and prevent price hikes for consumers?