Build in US or pay: Trump revives chip tariff threat

Build chips in America or pay to sell them there. US President Donald Trump's administration has revived its push for targeted semiconductor tariffs, raising pressure on Samsung Electronics and SK hynix to expand US production or face duties on chips made overseas. Commerce Secretary Howard Lutnick said companies manufacturing in the US would receive tariff relief, while those relying on foreign production should expect to pay. “What you’re going to see is targeted, thoughtful tariff policy that