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US launches semiconductor probe to explain away tariff exemptions
To somehow support claims that the tariff exemption is not an exemption at all, the White House has announced an investigation into the entire semiconductor market segment.
The filing then has some vaguely-worded clauses about "the role of foreign fabrication... in meeting US demand," and the "concentration of United States imports... and the associated risks." It says the investigation concerns "the impact of current trade and other policies on domestic semiconductor and SME production and capacity, and whether additional measures, including tariffs or quotas, are necessary to protect national security." It's wrong to assume the outcome of any investigation, but in "21 DAYS AFTER DATE OF PUBLICATION IN THE FEDERAL REGISTER," technology businesses can expect tariffs and perhaps quotas.
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