Trump Administration Working On Semiconductor Tariff Framework, Commerce Secretary Howard Lutnick Says - NDTV Profit

Recent statements from US Commerce Secretary Howard Lutnick reveal that the Trump administration is developing a semiconductor tariff framework, underscoring the strategic importance of the industry a... Read original →

The U.S. is rapidly advancing a semiconductor tariff framework to strengthen domestic supply chain resilience and counter China’s technological rise. This move directly impacts global chip supply chains, particularly affecting TSMC and NVIDIA’s 3nm and EUV production capabilities. Tariffs will increase import costs, compelling firms to reassess manufacturing partnerships with Taiwan, China, and Hong Kong, China, accelerating shifts toward U.S. and allied production bases. Technologically, this pressures global players to invest more in self-reliant advanced process nodes. In the market, consolidation accelerates as leading firms pursue mergers or strategic alliances to secure competitive positions. Over the next 12-24 months, the industry will enter a high-volatility phase driven by policy shifts, with intensified supply chain restructuring and technological competition.