Trump places a 25% tariff on high-end computing chips, and said more duties may be coming for the semiconductor industry
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Trump places a 25% tariff on high-end computing chips, and said more duties may be coming for the semiconductor industry
"On Wednesday, Donald Trump moved ahead with a new 25% tariff on imports of some high-end computing chips, narrowly targeting hardware central to the AI boom while carving out exemptions meant to encourage more tech manufacturing in the US. According to a White House fact sheet, the tariff applies to "certain advanced computing chips," including Nvidia's H200 processor and AMD's MI325X."
"The proclamation also targets "imports of semiconductors, semiconductor manufacturing equipment, and their derivative products from any country." The White House did not immediately respond to a request for clarification. The administration also signaled the move could be a first step. The Trump administration may expand tariffs to a wider range of semiconductors and related products in the future, according to the White House fact sheet."
The 25% tariff covers certain advanced computing chips, explicitly naming Nvidia's H200 processor and AMD's MI325X. Imports of chips intended to support the buildout of the US technology supply chain are exempt, but criteria for that exemption remain unspecified. The proclamation also targets imports of semiconductors, semiconductor manufacturing equipment, and derivative products from any country. The administration invoked Section 232 of the Trade Expansion Act of 1962, citing national security as the rationale for trade restrictions. The move aligns with efforts to reshore advanced manufacturing and could expand to a broader range of semiconductors and related products. The White House has not provided immediate clarification on exemption qualification or implementation details.
Read at Business Insider
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