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Trump eyes new tariffs on semiconductors and pharmaceuticals as U.S. only makes 20% of world’s drugs and 0% of advanced logic chips

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The Trump administration has taken its next steps towards the imposition More definitions On the main imports, launch investigations into computer chips, chips and pharmaceutical preparations.

The Ministry of Commerce published notifications about the investigations late Monday on the federal registry, seeking a general comment within three weeks. She did not announce them officially.

Although President Donald Trump stopped the extreme suspension of the largest tariff last week90 daysRegardless of thoseImports from ChinaHe said he was still planning to definitions of pharmaceutical medications, wood, copper and computer slices.

The Ministry of Commerce said that it is investigating how computer chips and equipment are imported to make them and the products they contain – which include many daily necessities such as cars, refrigerators, smartphones and other elements – affecting national security. Article 232 of the 1962 commercial expansion law allows the president to order definitions for national security.

The investigation includes evaluating the local production capabilities of local potatoes to meet the American demand, the role of manufacturing, foreign assembly, testing and packing in meeting these needs.

Among the other aspects of the entire computers supply chain, the government also intends to study the risk of computer chips production elsewhere and an impact on American competitiveness from foreign government subsidies, “foreign unfair commercial practices and excessive patronage ability.”

afterTrump said the electronicsIt will not be included in what you call its administrationThe “mutual” definitionsWith a rate of up to 50 % on some countries, US Trade Minister Howard Lootnick explained in an interview on ABC news that medicines, semi -conductors and cars will be dealt with with the definitions of the “specified” sector.

“This is not available to negotiate,” Lottenic said. He said: “They will be part of making sure that the basic national security elements beach be shore to be made in this country. We need to make medicine in this country.” “We need to make semiconductors.”

Pharmaceutical import investigation includes ingredients used to make such medications and touch on many aspects of dependence on imports to make them.

When asked about his plans for more customs tariffs on medicines, Trump said Monday, “Yes, we will do that.”

He said he will be in the “non -distant future”.

“We do this because we want to be our own drugs,” he said.

More than 70 % of the materials, or active pharmaceutical components are used, which are used to make medicines made in the United States in other countries, with India and the main European Union. The United States produces about five of all the drugs that were made around the world, but it consumes about 45 %, much more than any other country.

The United States is also a major product for semiconductors, but only in some areas. It relies heavily on imports from Taiwan and South Korea for certain types of advanced chips. In particular, Taiwan dominates the production of advanced logic chips with 92 % of all manufacturing capabilities according to the International Trade Administration, as South Korea achieved 8 %.

Products such as laptops, smartphones and the components needed to makeIt represents approximately $ 174 billionIn American imports from China last year. The administration’s plans indicate that these electronics will continue to impose taxes through previous (non-mutual definitions ”-and perhaps under additional supervision of the sector.

Although the main computer chips love Taiwan manufacturing semiconductors a companyInvestment heavilyIn American manufacturing facilities, this is partly due to the incentives that were placed during the periodSupply chainsIt will take years.

Separately, the Ministry of Commerce said on Monday that it withdraws from the 2019 agreement that stopped an anti -fresh tomato import from Mexico, and is effective in 90 days. She said the current arrangement failed to protect American farmers from tomato imports “at an unfair price.” She said that most tomatoes from Mexico will be subject to a 20.91 % tariff.

This story was originally shown on Fortune.com

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2025-04-15 08:44:00

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