Trump's potential semiconductor tariffs spook tech industry

President Trump’s potential tariffs on semiconductors are stoking the alarm within the technology sector as businesses support industry-wide ripple effects and competitive position at the global stage. The Trump administration launched an investigation this week into the impact of semiconductor technology imports on national security. A day after the president suggested tariffs on semiconductors, it […]

White House Initiates Major National Security Probe into Pharma and Semiconductor Industries!

White House launches national security investigation into pharma, semiconductors

The Trump administration announced on Monday that it had initiated an investigation into the national security implications of importing particular medications, a move perceived as a precursor to implementing tariffs on prescription drugs. The Commerce Department’s Federal Registration Notice indicated that this investigation, termed the Section 232 investigation, commenced on April 1, the day before […]

Trump announces semiconductor chip tariffs on foreign electronics

WASHINGTON – President Trump said on Sunday he would announce tariff rates on imported semiconductors next week, adding that some companies in the sector are flexible. The president’s pledge means that the exclusion of smartphones and computers from his mutual tariffs on China is likely to be short-lived as Trump tries to reset trade in […]

Texas Instruments awarded $1.6B to build semiconductor plants

Texas Instruments will receive up to $1.6 billion in funding from the CHIPS/Science Act to build three semiconductor factories in Texas and Utah, the company announced Friday. The funding will be used to build two new manufacturing plants in Sherman, Texas, and a third plant in Lehi, Utah. “The historic CHIPS Act will expand semiconductor […]