Commerce Secretary Lutnick said Wednesday the Trump administration is considering a new round of import tariffs on semiconductors to incentivize reshoring of chip manufacturing to the U.S. The proposal could be paired with tariff waivers for firms that invest in U.S. production, modeled on earlier pharma measures. The administration previously imposed 25% duties on some advanced chips after a Commerce Department probe and ordered those tariffs in January. The new measures could expand coverage f

Commerce Secretary Lutnick said Wednesday the Trump administration is considering a new round of import tariffs on semiconductors to incentivize reshoring of chip manufacturing to the U.S. The proposal could be paired with tariff waivers for firms that invest in U.S. production, modeled on earlier pharma measures. The administration previously imposed 25% duties on some advanced chips after a Commerce Department probe and ordered those tariffs in January. The new measures could expand coverage from standalone semiconductors to chip-containing products, potentially affecting imports of data‑center servers and consumer electronics.