US threatens 100% tariffs on chipmakers that do not build in America
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The United States government has escalated its campaign to revitalize domestic semiconductor manufacturing by threatening to impose tariffs of up to 100% on imported chips from foreign producers that do not build significant production capacity on American soil. US Commerce Secretary Howard Lutnick stressed the Trump administration’s intensified efforts to attract more foreign investment in a statement dated January 17, informing chip makers based in South Korea and Taiwan to allocate a significant amount of funds to the US for investments or face a massive tariff rate of 100% on their imports to the country. An exception to this tariff rate applies to the company increasing its product in the United States. During a groundbreaking ceremony for a new Micron Technology Inc. facility near Syracuse, New York, the Secretary of Commerce stated that potential tariffs envisioned in a trade deal with Taiwan might also bring about significant effects on South Korean chipmakers. Following this statement, reporters reached out to Lutnick seeking clarity on this move. Responding to this, the industry executive highlighted that “Anyone who wants to manufacture memory has two options: They can either pay a 100% tariff or build their operations in America,” adding that “That’s what we call industrial policy,” without specifically mentioning the firms. His remarks aligned with a warning issued on Thursday, January 15, which offered lower tariff rates on imports for foreign companies that expand manufacturing in the US. Notably, this decision came after the Taiwan trade deal was signed. Still, Lutnick kept insisting that if these companies do not comply with this warning, they will face a 100% tariff on imports to the US. Foreign chip makers express heightened worries about Trump’s tariff decision As of now, US President Donald Trump has delayed the imposition of tariffs on imported semiconductors, primarily from Taiwan and…
Filed under: News - @ January 17, 2026 11:27 am