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In August, President Trump threatened to impose tariffs as high as 300% on foreign-made chips, but the plan now appears to be on the back burner.
US officials have been privately telling those in government and private industry that semiconductor-focused tariffs are unlikely to happen anytime soon, according to Reuters, citing unnamed sources.
One reason is that the White House wants to avoid angering the Chinese government after the Trump administration reached a trade deal with…
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In August, President Trump threatened to impose tariffs as high as 300% on foreign-made chips, but the plan now appears to be on the back burner.
US officials have been privately telling those in government and private industry that semiconductor-focused tariffs are unlikely to happen anytime soon, according to Reuters, citing unnamed sources.
One reason is that the White House wants to avoid angering the Chinese government after the Trump administration reached a trade deal with…
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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