Trump Announces 25 Percent Tariff on Chips Not Used Domestically

5Mind. The Meme Platform

Chips that are transshipped through the United States to other countries will be subject to the tariff, the White House says.

WASHINGTON—President Donald Trump on Jan. 14 signed an executive order to impose a 25 percent tariff on semiconductors imported into the United States that are not used domestically.

The executive action is part of a Section 232 trade investigation into semiconductor imports.

Under the order, semiconductors imported into the United States but not used domestically to build out the U.S. artificial intelligence or computing architecture will be subject to the 25 percent tariff, according to the White House.

The chips that are “transshipped through the United States to other foreign countries, would be subject to that 25 percent tariff,” White House staff secretary Will Scharf told reporters during a meeting in the Oval Office.

The president also signed another order to establish a process to help the United States secure its international supply chain for critical minerals and related products.

This is a developing news story and will be updated.

By Emel Akan

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Ring That Bell

If I could travel back in time to 1776,...

Thoughts On America 250

Before you, American reader, is the honor, blessing, and privilege of celebrating the 250th anniversary of our nation. A nation toward which God has been merciful, shining His great grace.
00:09:03

Two birthdays apart

The Bicentennial was not just a commemoration of 200 years of independence – it was a coast‑to‑coast block party of red, white and blue.
00:02:31

Is Charlie Kirk’s Assassination Looking More Like a Conspiracy?

Enough videos have been posted to the internet, plenty...

Is There a 9/11 WTC and 9/10 Charlie Kirk Connection?

Strange parallels in online stories raise questions about whether Israelis and Mossad intelligence are our allies or adversaries.

ChatGPT Maker Says Its AI Autonomously Hacked Another Company in ‘Unprecedented’ Cyber Incident

OpenAI says ChatGPT AI models autonomously breached another company's production systems in what it calls an unprecedented cyber incident.
00:59:35

Trump Admin Pausing $1 Billion in Medicaid Payments to 2 States

The federal government is pausing more than $1 billion in Medicaid payments to two states, Health Secretary Robert F. Kennedy Jr. said on July 21.

DOJ Seeks to Rescind US Citizenship Granted to 10 Individuals

DOJ) announced has filed to denaturalize 10 individuals charged or convicted with various crimes, including offenses against minors.

National Guard Deployment to DC Will Continue Until Trump’s Term Ends

Extension of the National Guard’s deployment to Washington will keep guardsmen in the nation’s capital until President Trump’s term ends.
00:00:49

Trump Orders Review Related to Climate Guidance for Federal Judges

President Trump has ordered federal officials to review conduct related to climate guidance included in a scientific reference manual for federal judges.

Newly Declassified Docs Describe China’s Election Influence Efforts, Concern That US Intel Downplayed Connections

President Donald Trump released newly declassified documents July 16 related to foreign influence in U.S. elections.
00:25:44

Trump Says China Illicitly Obtained 220 Million US Voter Files Since 2020 Election

President Trump announced the declassification of information that he alleged reveal large-scale Chinese hacking of American voter information.
spot_img

Related Articles

Popular Categories

MAGA Business Central