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Trump administration extends tariff pause on Chinese-made chips for 90 days
- The Trump administration prolonged the suspension of a 25% import duty on semiconductors produced in China, keeping the exemption in place until August 31, 2025.
- The extension postpones the reinstatement of a 25% tariff on imported semiconductors that was scheduled to take effect June 1, aiming to prevent disruption to technology supply chains.
- The exemption covers key technologies like graphics processing units, which are critical to the artificial intelligence boom.
- A White House investigation under Section 232 began in April and could lead to new chip-specific tariffs on national security grounds.
- The administration remains undecided on extending tariffs beyond August, while Nvidia plans to allocate $500 billion over four years toward developing AI infrastructure within the United States.
4 Articles
4 Articles
Trump Extends Tariff Exemption for Chinese-Made Chips Through August
The Trump administration has extended a longstanding tariff exemption on Chinese-made semiconductor chips, delaying a... The post Trump Extends Tariff Exemption for Chinese-Made Chips Through August appeared first on News Facts Network.
Trump administration extends tariff pause on Chinese-made chips for 90 days
The Trump administration has extended a long-running exemption for Chinese-made chips from a 25 percent tariff imposed during President Trump’s first administration. The office of U.S. Trade Representative Jamieson Greer said in a notice posted Saturday it was extending the exemption, set to expire that day, to Aug. 31. The 25 percent tariff, which…
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