US plans 1:1 chip production rule to curb overseas reliance, WSJ reports

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The US is planning to push chipmakers to match the volume of semiconductors that their customers currently import from overseas providers through domestic production, or pay a tariff, the Wall Street Journal reported on Friday.

President Donald Trump has doubled down on his efforts to reshore semiconductor manufacturing, offering exemptions from tariffs of roughly 100% on chips to firms that produce domestically.

Companies that fail to sustain a 1:1 domestic-to-import ratio over time would face tariffs, the Journal said.

US Commerce Secretary Howard…



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US plans 1:1 chip production rule to curb overseas reliance, WSJ reports



The US is planning to push chipmakers to match the volume of semiconductors that their customers currently import from overseas providers through domestic production, or pay a tariff, the Wall Street Journal reported on Friday.

President Donald Trump has doubled down on his efforts to reshore semiconductor manufacturing, offering exemptions from tariffs of roughly 100% on chips to firms that produce domestically.

Companies that fail to sustain a 1:1 domestic-to-import ratio over time would face tariffs, the Journal said.

US Commerce Secretary Howard…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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