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Trump imposes novel tariffs tailored to hit foreign sales of high-end chips

 What to know

President Donald Trump imposed a 25 percent tariff on a narrow category of semiconductors, including those by Nvidia and AMD, imported to the United States but destined for overseas customers. This move aims to boost domestic chip production while allowing U.S. companies to export to China. Analysts question whether this approach will help increase U.S. chip manufacturing.

Summary is AI-generated, newsroom-reviewed.

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