The US is preparing to announce the results of a national security investigation into semiconductor imports, which could result in new tariffs and change global trading relations.
Investigation and its Purpose
Commerce Secretary Howard Lutnick announced the start of an investigation aimed at determining whether the US dependence on foreign-made semiconductors threatens national security. Should risks be confirmed, the administration may introduce new tariffs on imported semiconductors.
International Implications and Trade Agreements
The semiconductor investigation has international repercussions. The European Union is actively negotiating with the US to mitigate negative impacts on its markets. A new trade agreement has been announced, where a 15% rate applies to all imports from the EU.
Future of Tariff Policy and Domestic Changes
The investigation is part of a broader strategy by the Trump administration to overhaul US trade policy. It is expected that the full results of the investigation will be published before mid-August. This could represent a significant shift in global supply chains.
The semiconductor investigation has the potential to bring significant changes to US trade policy and global supply chains, raising concerns among international partners.
