According to reports, Trump stated that the EU is avoiding chip tariffs through a "better way" and mentioned that many companies will invest in semiconductor manufacturing in the US to avoid the impact of tariffs. Barclays stated in a previous Research Report that the time window for imposing semiconductor tariffs has become basically clear: they are most likely to be implemented after mid-August, but no later than September.
The Trump administration will announce the results of the National Security investigation into semiconductor imports within two weeks, increasing expectations for semiconductor tariffs.
On July 27, according to media reports, US Commerce Secretary Lutnick announced that the Trump administration will announce the results of the National Security investigation into semiconductor imports within two weeks. This statement raised market concerns about a new round of chip tariffs being imminent.
According to earlier reports from the Global Times, on April 13, Trump announced a national security trade investigation into the semiconductor industry. He posted on Social Media, stating: 'In the upcoming national security trade investigation, we will focus on semiconductors and the entire electronic supply chain.'
This investigation, based on Section 232 of the Trade Expansion Act of 1962, may lay the groundwork for imposing new tariffs on chip imports. The Trump administration has repeatedly used such trade investigation tools to implement tariff measures in various industries.
According to previous reports from the Wind Trading Platform, Barclays stated in a Research Report that the timeline for imposing semiconductor tariffs under the US Section 232 is now largely clear: they are most likely to be implemented after mid-August, but no later than September.
Trump: The EU has avoided chip tariffs in a 'better way.'
Trump stated that many companies will invest in semiconductor manufacturing in the United States to avoid being impacted by new tariffs. European Commission President Ursula von der Leyen has avoided the upcoming chip tariffs in a 'better way.'
Meanwhile, Lutnick also stated that this investigation is one of the "key reasons" the EU is seeking to negotiate a broader Trade agreement to "once and for all solve all issues."
According to CCTV News, on July 27 local time, US President Trump stated that the US has reached a tariff agreement with the EU at a rate of 15%. The EU will increase investments in the US by $600 billion and will purchase military equipment and $750 billion worth of US Energy products, while the steel and aluminum tariffs will remain unchanged, and the US will invest heavily in the chip sector.
According to the Global Times, the Trump administration announced in April this year that it is investigating whether the extensive reliance on foreign pharmaceuticals and semiconductor imports constitutes a National Security threat. The Trump administration is also conducting separate investigations into Copper and lumber imports based on the same law.
According to the latest media reports, the early investigations completed during Trump's first term laid the groundwork for the 25% tariffs on steel, Aluminum, and Cars that he launched after returning to the White House in January this year.
Editor/Jeffy
