The Trump administration plans to announce new chip tariffs as early as Wednesday. President Trump has stated that tariffs up to 100% on Taiwan would be justified, claiming the nation stole American technology. The US Commerce Department started an investigation about these potential tariffs but received just ten public comments, suggesting limited opposition. This lack of feedback might give the president more freedom to set high tariff rates.
Officials are studying whether domestic chip production can meet market demand. Companies like TSMC have already promised over $100 billion in US investments, partly to avoid these upcoming tariffs. The deadline for public input ends May 7, after which the administration will likely move forward with their plans. A similar situation happened with timber tariffs, where 300 responses led officials to reconsider their approach. Public comment responses seem to carry weight as they represent broader sentiment about these policies.
Officials are studying whether domestic chip production can meet market demand. Companies like TSMC have already promised over $100 billion in US investments, partly to avoid these upcoming tariffs. The deadline for public input ends May 7, after which the administration will likely move forward with their plans. A similar situation happened with timber tariffs, where 300 responses led officials to reconsider their approach. Public comment responses seem to carry weight as they represent broader sentiment about these policies.
