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Trump’s Tariffs Are Threatening the US Semiconductor Revival
While the White House carved out a narrow exemption for some semiconductor imports, President Donald Trump’s sweeping tariffs still apply to GPUs and chipmaking equipment.
Silicon Valley let out a sigh of relief on Wednesday when it learned that President Donald Trump’s tariff bonanza included an exemption for semiconductors, which, at least for now, won’t be subject to higher import duties. If a wide range of GPUs and other electronic components are subject to the highest country-specific tariffs, which are scheduled to kick in next week, US chipmakers and AI firms could be facing a significant increase in costs. Mark Wu, a professor at Harvard Law School who specializes in international trade, says the looming possibility that other countries embedded in the semiconductor supply chain could impose retaliatory tariffs on the US is creating a very unpredictable environment for businesses.
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