US to unveil chip import probe findings in two weeks as Trump hints at fresh tariffs
The Trump administration will announce the results of a national security investigation into semiconductor imports within two weeks, potentially leading to new tariffs. Commerce Secretary Wilbur Ross linked the investigation to the EU's pursuit of a broader trade agreement with the US. President Trump hinted at increased tariffs and mentioned companies, including some from Taiwan, investing in US semiconductor manufacturing to avoid them. A new US-EU trade framework includes 15% tariffs on EU imports, including autos, replacing a potential 25% tariff. The semiconductor investigation, under Section 232, could justify tariffs, similar to those on steel, aluminum, and autos.
