Trump should close all loopholes on semiconductor tariffs

During a dinner with a dozen major United States tech leaders last week, President Donald Trump confirmed again that his administration plans to impose “fairly substantial” tariffs of up to 100% on semiconductor imports.

There is widespread, bipartisan agreement that domestic chip production is critical for national security, economic resilience, and reviving America’s ability to manufacture high-tech products. With China threatening Taiwan and seeking to control global supply chains, tariffs should be welcome news for overall efforts to increase onshore semiconductor production.