Trump Admin Launches Probes That Could Lead to New Tariffs on Chipmaking Equipment, Semiconductors, and Pharmaceuticals

About Trump Admin Launches Probes That Could Lead to New Tariffs on Chipmaking Equipment, Semiconductors, and Pharmaceuticals

The Trump administration took formal steps Monday to expand tariffs, according to the Associated Press. The expanded tariffs are on imports tied to national security, targeting semiconductors, chipmaking equipment, and pharmaceuticals. The Commerce Department is investigating how chip-related imports impact national security under a law that allows the president to impose tariffs for that reason.

Duration

41 sec

Released

2025