Article

The U.S. Secretary has proposed a two-phase tariff plan on semiconductor imports to address national security concerns, citing that domestic production meets only 10% of the country's needs. The initial phase includes a 25% tariff on select semiconductors critical for AI and technology, with further tariffs planned to bolster domestic manufacturing and reduce reliance on foreign supply chains. These measures aim to enhance the U.S. semiconductor industry, which is vital for defense and critical infrastructure sectors.