The Trump administration aims to encourage chipmakers to produce semiconductors domestically at volumes matching their customers’ current overseas imports, or face tariffs, according to The Wall Street Journal. President Donald Trump has intensified efforts to bring semiconductor manufacturing back to the U.S., offering tariff exemptions of approximately 100% on chips for companies that manufacture locally.

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	Forwarded this email? Subscribe here for more Trump admin plans 1:1 chip production rule to curb overseas reliance MacDailyNews Sep 26   READ IN APP   The Trump administration aims to encourage chipmakers to produce semiconductors domestically at volumes matching their customers’ current overseas imports, or face tariffs, according to The Wall Street Journal. President Donald Trump has intensified efforts to bring semiconductor manufacturing back to the U.S., offering tariff exemptions of approximately 100% on chips for companies that manufacture locally. Reuters: ‎ Companies that fail to sustain a 1:1 domestic-to-import ratio over time would face tariffs, the Journal said. U.S. Commerce Secretary Howard Lutnick floated the idea with semiconductor executives, telling them it might be necessary for economic security, the Journal said. “America cannot be reliant on foreign imports for the semiconductor products that are essential for our national and economic security,” the newspaper cited White House spokesperson Kush Desai as saying, who added that any reporting about policymaking should be treated as speculative, unless officially announced. Under the proposal, a company pledging to make chips in the U.S. would receive credit for that pledged volume, allowing imports without tariffs until the plant is complete, with initial relief to help ramp capacity, according to the report. Trump’s moves have spurred domestic and international companies to invest hundreds of billions of dollars in expanding U.S. manufacturing. ‎ MacDailyNews Take: It doesn’t get more reciprocal than a 1:1 ratio. ‎ Please help support MacDailyNews — and enjoy subscriber-only articles, comments, chat, and more — by subscribing to our Substack: macdailynews.substack.com. Thank you! Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post Trump admin plans 1:1 chip production rule to curb overseas reliance appeared first on MacDailyNews. You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription. Upgrade to paid   Like Comment Restack   © 2025 MacDailyNews 548 Market Street PMB 72296, San Francisco, CA 94104 Unsubscribe