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The Trump administration is considering introducing a new round of large-scale semiconductor tariffs, although tech companies have warned that this move could sever hopes that the US will dominate the field of artificial intelligence. People familiar with the matter said that a tariff plan being considered by the Trump administration will greatly expand the scope of taxable technology products. The tax targets include not only chips, but may also affect a large number of products manufactured using chips, such as laptops, game consoles, and servers used in data centers. Four people familiar with the matter said that US Secretary of Commerce Howard Lutnick supports a mechanism to link the conditions for foreign companies to obtain tariff exemptions with their investment in the US chip manufacturing industry to stimulate the expansion of local production capacity. The four people familiar with the matter mentioned above said that the government is also considering setting a transition period for the new tariffs. People familiar with the matter stressed that in the next few weeks to months, this policy framework is still likely to undergo major revisions.
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The Trump administration is considering introducing a new round of large-scale semiconductor tariffs, although tech companies have warned that this move could sever hopes that the US will dominate the field of artificial intelligence. People familiar with the matter said that a tariff plan being considered by the Trump administration will greatly expand the scope of taxable technology products. The tax targets include not only chips, but may also affect a large number of products manufactured using chips, such as laptops, game consoles, and servers used in data centers. Four people familiar with the matter said that US Secretary of Commerce Howard Lutnick supports a mechanism to link the conditions for foreign companies to obtain tariff exemptions with their investment in the US chip manufacturing industry to stimulate the expansion of local production capacity. The four people familiar with the matter mentioned above said that the government is also considering setting a transition period for the new tariffs. People familiar with the matter stressed that in the next few weeks to months, this policy framework is still likely to undergo major revisions.
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