Trump enacts 25% tariff on chips — with a caveat - News Summed Up

Trump enacts 25% tariff on chips — with a caveat


(CNN) — President Donald Trump enacted a new 25% tariff on “certain advanced computing chips” on Wednesday, according to a White House fact sheet. However, chips imported to support building up the US technological supply chain would be exempt. In enacting the tariff, Trump cited national security concerns and Section 232 of the Trade Expansion Act of 1962, which allows presidents to address such concerns with tariffs on specific products. Trump previously said Nvidia would be permitted to sell its H200 chip in China but that the US would take a 25% cut. Trump initially said last February he planned to impose 25% chip tariffs by April.


Source: CNN January 15, 2026 00:07 UTC



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