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Trump mulls a 300% tariff on chips — levies coming within two weeks as Section 232 investigation nears completion
The demands increase.
U.S. President Donald Trump plans to introduce steep new trade duties on steel, semiconductors, and possibly pharmaceuticals within the next two weeks. For chipmakers, electronics brands, and AI companies, the lack of clear timelines or rules forces them to make contingency plans that may never be needed, tying up resources and slowing real investment. This kind of drawn-out “will he or won’t he” approach can push companies to make hasty shifts toward U.S. production, but it also risks leaving them exposed if the promised tariffs either change dramatically or never arrive.
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