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Businesses Await Details on Chip Tariffs

UNITED STATES, AUG 8 – The tariffs target Brazil with a 50% duty and impose 15% tariffs on EU and Japanese goods, increasing U.S. consumer prices as job growth slows to 35,000 monthly, officials said.

Summary by News & Record
President Donald Trump's ambiguous plans for 100% tariffs on computer chips that aren't made in the U.S. are stoking confusion among businesses and trading partners — boosting stocks for leading semiconductor companies while leaving smaller producers scrambling to understand the…

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Alternet broke the news in Washington, United States on Friday, August 8, 2025.
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