Days after Trump announced 25% ‘cut’ on Nvidia’s AI chips, White House official says it is only ‘phase one’ action
The United States Commerce Department’s decision to impose a 25% national security tariff on certain high-end semiconductors is only the “phase one” step, a White House official said. According to a report by news agency Reuters, the move, announced earlier this week is being described as a “phase one” action aimed at protecting the US semiconductor sector.
Speaking on condition of anonymity, the official said further announcements could follow after talks with other countries and companies. The comments suggest that the tariff policy may expand depending on how negotiations progress.
