Trump imposes novel tariffs tailored to hit foreign sales of high
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.