Source: International Business Times
Commerce Secretary Howard Lutnick confirmed the Trump administration is set to impose tariffs on semiconductors. Commerce Secretary Howard Lutnick confirmed on Wednesday that the Trump administration is working on a framework to impose tariffs on semiconductors. "I think what you're going to see is targeted, thoughtful tariff policy that basically says if you build here, you don't pay, but if you don't build here, expect to pay to enter the greatest market in the world," he said.
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