Trump enacts 25% tariff on chips — with a caveat

President Donald Trump enacted a new 25% tariff on “certain advanced computing chips” on Wednesday, according to a White ...
The White House

Fact Sheet: President Donald J. Trump Takes Action on Certain Advanced Computing Chips to Protect America’s Economic and National Security

SUPPORTING AMERICA’S SEMICONDUCTOR INDUSTRY: Today, President Donald J. Trump signed a Proclamation invoking Section 232 of the Trade Expansion Act of 1962 (Act) to address national security concerns ...