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Tariffs on imported semiconductor chips coming soon, Trump says

  • U.S. President Donald Trump announced new tariffs on imported semiconductor chips, stating that no country would escape these tariffs, particularly targeting China.
  • Chinese President Xi Jinping warned that protectionism 'will lead nowhere' during his Southeast Asia tour, amid rising tensions with the U.S. Over trade policy.
  • Commerce Secretary Howard Lutnick indicated that a potential new tariff announcement could happen in the next week, highlighting that tariffs might be in place within a month or two.
  • The chaotic changes in tariff policies have left businesses bewildered and created confusion among investors, as indicated by Dan Ives from Wedbush Securities, who noted the 'mass confusion' from the White House's actions.
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Center

US launches probe into semiconductor imports

The Section 232 investigation comes ahead of anticipated tariffs on the industry.

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Bible Prophecy In The Daily Headlines broke the news in on Saturday, April 12, 2025.
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