Hours after US President Donald Trump imposed a 25% tariff on certain AI chips, a White House official said that the duty on these high-end semiconductors was a “phase one” action to protect the sector, according to a report by Reuters.
The US Commerce Department’s action could be followed by other announcements depending on negotiations with other countries and companies, according to the report quoting a person familiar with the knowledge of the matter.
(This is a developing story. Check back for updates)