In Reply to: “Thank you, sir, for NASDAQ down 12% YTD!” posted by Dr.J on April 14, 2025 at 08:06:24
soon, like this week.
"Trump Signals Semiconductor Tariffs Are Coming ‘Very Soon’
The president has suggested that he will move forward with a national security investigation this week that is likely to result in tariffs on chips.
President Trump is expected to announce further tariffs this week, probably including levies on semiconductors, as he moves forward with a trade investigation related to national security.
The move would raise the cost of importing chips, which are a vital component in electronics, cars, toys and other goods. The United States is heavily dependent on semiconductors from Taiwan and elsewhere in Asia, a reliance that Democrats and Republicans alike have described as a major national security risk.
Mr. Trump has argued that the tariffs would encourage companies to produce more chips domestically, though some critics have questioned how effective tariffs would be at relocating an industry largely centered in Asia.
Speaking Sunday night from Air Force One, the president said tariffs on electronics would “be announced very soon,” but suggested there might be room for exemptions"
(= I take bribes!).