US Secretary of Commerce Howard Lutnick said in an interview that the Trump administration is formulating a chip tariff framework, and all companies are aware that the relevant tariffs will soon be implemented. Lutnick confirmed last week's report that the White House is considering introducing this policy move. Lutnick said, “Everyone will see a set of targeted and carefully considered tariff policies. The core logic is: if you build a factory in the US, you don't need to pay tariffs; but if you don't build a factory in the US and want to enter the world's largest market, be prepared to pay tariffs.” He said, “Our semiconductor industry is bound to succeed, and our chips must be manufactured in the US.”

Zhitongcaijing · 3d ago
US Secretary of Commerce Howard Lutnick said in an interview that the Trump administration is formulating a chip tariff framework, and all companies are aware that the relevant tariffs will soon be implemented. Lutnick confirmed last week's report that the White House is considering introducing this policy move. Lutnick said, “Everyone will see a set of targeted and carefully considered tariff policies. The core logic is: if you build a factory in the US, you don't need to pay tariffs; but if you don't build a factory in the US and want to enter the world's largest market, be prepared to pay tariffs.” He said, “Our semiconductor industry is bound to succeed, and our chips must be manufactured in the US.”