US plans to require a 1:1 ratio of domestically made to imported chips, WSJ reports

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The US is planning to ask chip companies to manufacture the same number of semiconductors domestically as their customers import from overseas producers, the Wall Street Journal reported on Friday.

 

Companies that do not maintain a 1:1 ratio over time would have to pay a tariff, the report said, citing people familiar with the plan.

 

US President Donald Trump said last month his administration would impose a tariff of about 100% on imports of semiconductors but it would not apply to companies that were manufacturing in the US or had committed to do…



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US plans to require a 1:1 ratio of domestically made to imported chips, WSJ reports


The US is planning to ask chip companies to manufacture the same number of semiconductors domestically as their customers import from overseas producers, the Wall Street Journal reported on Friday.

 

Companies that do not maintain a 1:1 ratio over time would have to pay a tariff, the report said, citing people familiar with the plan.

 

US President Donald Trump said last month his administration would impose a tariff of about 100% on imports of semiconductors but it would not apply to companies that were manufacturing in the US or had committed to do…



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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