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Trump administration exempts computer chips and copper from sweeping tariffs, but only for now — report says chip tariffs coming later
Semiconductor industry can relax, for now.
Donald Trump introduced a sweeping set of import taxes on Wednesday that targeted nearly all U.S. trading partners — but offered a notable exemption for the high-tech industry. A senior official from the White House told a Reuters correspondent that the Trump administration is preparing separate tariffs for industries like semiconductors, drugs, and critical minerals. These exemptions include semiconductors, copper, drugs, lumber, specific minerals that the U.S. does not produce domestically, precious metals, energy resources, steel, aluminum, and vehicle-related goods already taxed under existing rules, and products covered under national security provisions.
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