White House says 25% semiconductor tariffs a 'phase one' action
FILE PHOTO: A general view shows the White House on a cloudy day, in Washington, D.C., U.S., December 23, 2025. REUTERS/Tyrone Siu/File Photo
WASHINGTON, Jan 15 : The U.S. Commerce Department's 25 per cent national security tariff on certain high-end semiconductors announced on Wednesday is a "phase one" action to protect the sector and could be followed by other announcements pending negotiations with other countries and companies, a White House official said on Thursday.
The official, speaking on condition of anonymity, said President Donald Trump has previously threatened a 100 per cent tariff on chips not made in the U.S. as he seeks to build up semiconductor manufacturing.
Source: Reuters
