The Trump administration plans to impose additional tariffs on chips, while granting exemptions to U.S. domestic manufacturing enterprises.

US Commerce Secretary Lutnick said Wednesday that the Trump administration is considering a new round of import tariffs on semiconductors, potentially further raising taxes on foreign chips to attract more semiconductor manufacturing to shift to the U.S. However, these tariffs may be implemented in conjunction with tariff relief measures for companies investing in U.S. domestic manufacturing, following the Trump administration’s earlier approach for the pharmaceutical industry. Lutnick stated, “This is the principle the semiconductor industry should follow: if you manufacture in the U.S., we will grant you tariff relief; if you do not, you will pay tariffs. This is a very wise approach and it works.” The Trump administration had previously imposed a 25% tariff on some advanced semiconductors, and in January this year, after the U.S. Department of Commerce completed a related trade investigation, it ordered additional import tariffs on these chips. However, the scope of the new round of tariffs may expand from semiconductors themselves to products containing chips, thereby affecting imports of data center servers and consumer electronics.