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[BUSINESS] · United States · 6 sources

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U.S. administration considers new semiconductor and tech tariffs

The Trump administration is evaluating a new series of large-scale tariffs on semiconductors, according to reports citing eight sources familiar with the discussions. The proposed measures may extend beyond microchips to include finished technological products such as laptops, gaming consoles, and data center servers.

Commerce Secretary Howard Lutnick is reportedly advocating for a framework that would link tariff exemptions for foreign companies to their investments in domestic chip manufacturing. This strategy aims to incentivize the relocation of production to the United States. Washington is also considering a gradual transition period for these new tariffs, though the structure remains subject to potential revisions in the coming months.

Tech industry leaders have expressed concerns that these tariffs could impact the progress of artificial intelligence by increasing costs. While the administration seeks to bolster domestic production, industry experts note that building semiconductor fabrication plants requires billions of dollars in investment and several years to complete. In the interim, U.S. companies remain heavily dependent on chip imports from Asia.

Entities

Donald Trump · Howard Lutnick · Jamieson Greer · Politico · Trump administration · U.S. Department of Commerce

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