CNBC: U.S. Announces Investigation into Chip and Electronic Product Imports, Paving the Way for New Tariffs

Blockbeats
04-15

BlockBeats News, April 15th, according to CNBC's report, the U.S. Department of Commerce is conducting a national security investigation into the import of semiconductor technology and related downstream products. Official documents call for public comments on the investigation, further confirming that the chip and electronics supply chain will not be exempt from U.S. President Donald Trump's tariff plan, although Trump stated on Friday that many products are not bound by his "reciprocal tariffs."

As part of the investigation, the U.S. Department of Commerce will explore the "feasibility of increasing domestic semiconductor production capacity" to reduce reliance on imports, and whether additional trade measures including tariffs are "necessary to protect national security." This investigation covers a wide range, including chip components such as silicon wafers, chip manufacturing equipment, and "downstream products containing semiconductors." Semiconductors play a role in almost all types of modern electronic products, so this investigation has a significant impact on Trump's global trade war efforts to promote U.S. manufacturing.

Despite exemptions being granted to a range of electronic products, Trump and some of his officials stated over the weekend that this exemption is only temporary and is part of a separate tariff plan for the industry.

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