Trump imposes novel tariffs tailored to hit foreign sales of high

Trump imposes novel tariffs tailored to hit foreign sales of high

The Washington Post business

Key Points:

  • President Donald Trump imposed targeted tariffs specifically on high-end AI-enabling chips made abroad by U.S. companies, marking a novel approach to trade restrictions.
  • The tariffs will not apply to similar chips used domestically, focusing solely on foreign sales of these advanced technologies.
  • This move concludes a prolonged investigation into U.S. reliance on imported computer chips, opting for a narrower tariff scope than initially threatened.