![Trump said many companies would be investing in semiconductor manufacturing in the United States [File]](https://th-i.thgim.com/public/incoming/mgiywh/article69863866.ece/alternates/LANDSCAPE_1200/2025-07-24T052954Z_1008121757_RC2XQS9LV7W7_RTRMADP_3_BE-SEMICONDUCTOR-RESULTS.JPG "Trump said many companies would be investing in semiconductor manufacturing in the United States [File]")
The Trump administration will announce the outcomes of a nationwide safety probe into imports of semiconductors in two weeks, U.S. Commerce Secretary Howard Lutnick stated on Sunday, as U.S. President Donald Trump recommended increased tariffs had been on the horizon.
Lutnick instructed reporters after a gathering between Trump and European Commission President Ursula von der Leyen that the investigation was one of the “key reasons” the European Union sought to negotiate a broader commerce settlement that will “resolve all things at one time.”
Trump stated many corporations can be investing in semiconductor manufacturing in the United States, together with some from Taiwan and different locations, to keep away from getting hit by new tariffs.
He stated von der Leyen had averted the pending chips tariffs “in a much better way.”
Trump and von der Leyen introduced a brand new framework commerce settlement that features across-the-board 15% tariffs on EU imports getting into the United States.
Trump stated the settlement included autos, which face the next 25% tariff beneath a separate sectoral tariff motion.
The Trump administration in April stated it was investigating whether or not in depth reliance on international imports of prescribed drugs and semiconductors posed a nationwide safety risk.
The probe, being performed beneath Section 232 of the Trade Expansion Act of 1962, might lay the groundwork for brand new tariffs on imports in each sectors.
The Trump administration has begun separate investigations beneath the identical regulation into imports of copper and lumber. Earlier probes accomplished throughout Trump’s first time period fashioned the premise for 25% tariffs rolled out since his return to the White House in January on metal and aluminum and on the auto trade.
Trump has upended world commerce with a sequence of aggressive levies in opposition to buying and selling companions, together with a ten% tariff that took impact in April, with that fee set to improve sharply for many bigger buying and selling companions from August 1.
The U.S. depends closely on chips imported from Taiwan, one thing Democratic former President Joe Biden sought to reverse throughout his time period by granting billions of {dollars} in Chips Act awards to lure chipmakers to broaden manufacturing in the United States.
