Another tariff hit: Donald Trump signals levies on chips and steel;...

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Another tariff hit: Donald Trump signals levies on chips and steel; semiconductor duties may hit 300%

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President Trump is planning new tariffs on semiconductor chips and steel, potentially shaking global trade. The rates will start low to encourage domestic manufacturing before increasing significantly. Trump hinted at tariffs as high as 100% or even more on semiconductors, with exemptions for companies building in the U.S.

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