For now, the sweeping import tariffs enacted by the U.S. government do not tax imports of semiconductors. Still, the Trump administration is preparing separate tariffs for sectors like semiconductors, pharmaceuticals, and possibly critical minerals. Apparently, Trump expects to impose tariffs on chips 'very soon.'
"The chips [tariffs] are starting very soon and the pharma is going to be starting to come in […] sometime in the near future," said President Trump at a White House briefing.
