On November 19, Reuters quoted a source close to the matter as saying that US officials are discussing the possibility of not imposing import tariffs on semiconductor products. This message has been sent to stakeholders in the government and industry in the past few days.

Another source explained that the US government is being more cautious to avoid causing a rift in the trade relationship with China, which could lead to retaliatory tariffs and disrupt the flow of rare earths.

However, the sources also stressed that a final decision has not been made. The three-digit import tariffs could still be imposed at any time.

In August, US President Donald Trump said he would impose a 100% tariff on imported semiconductors unless they were made in the US or had committed to doing so. US officials have said for months that the government would soon impose the tariffs, but they are still discussing the timing and other details.

White House spokesman Kush Desai denied the administration had changed its stance. "The Trump administration remains committed to using all executive tools to bring manufacturing back to the United States and ensure economic security," he said.

Advertisement

A US Commerce Department official also confirmed that "there has been no change in policy regarding import tariffs on semiconductor products." However, both did not specify when the administration would finalize the tariffs, nor did they provide further details.

According to statistics last year, the US produced about 12% of semiconductor chips globally, down from 40% in 1990. Many large companies such as Apple, Intel, TSMC... built factories or announced large investments in production in the US. Most recently, the world's largest chip manufacturer TSMC will produce 2nm chips at one of its factories in Arizona in 2028-2030. Previously, the Taiwanese company invested about 100 billion USD to build a factory here.

It’s a delicate time for the Trump administration. The White House is facing growing pressure from consumers as the holiday shopping season approaches. A hike in import tariffs on semiconductors would send prices soaring across a range of electronics, from smartphones to refrigerators. In September, the US government considered a plan to impose tariffs on electronics based on the number of chips in each product.

Last week, the US President withdrew the reciprocal tax on more than 200 types of food. However, he still affirmed that the tax did not significantly affect inflation. Under former President Joe Biden, the US consumer price index (CPI) remained above the Federal Reserve's 2% target

(Source: Vnexpress)

--
Oristar – Leading Metal Supplier in Asia
⚡ Core product lines: Copper, Aluminum, Steel
⚡ Main product grades provided by Oristar: Aluminum alloys, Copper alloys, Aluminum alloy plates, Aluminum coil grades, Tool steel, Special steel: A5052, A6061, A7075, C1100, C2680, C3604, SUS303, SUS304, SKD11, SKD61,...
For product consultation, please contact:
⚡ Hotline: 0988 750 686
⚡ Email: info@oristar.vn
⚡ Zalo OA
⚡ ️Website E-commerce
⚡ Official Website