The Trump administration has extended a long-running exemption for Chinese-made chips from a 25 percent tariff imposed during President Trump’s first administration.
The office of the U.S. Trade Representative said in a notice posted Saturday that it was extending the exemption, set to expire that day, to Aug. 31.
The 25 percent tariff, which initially went into effect in 2019, would have applied to a variety of products, including graphics processing units (GPUs) — the chips at the heart of the artificial intelligence (AI) boom.
The extension of the yearslong tariff exemption comes as the second Trump administration weighs whether to impose separate import taxes on semiconductors.
Trump has imposed wide-ranging tariffs in his second term, instituting hefty “reciprocal” tariffs on dozens of countries, including China. However, he has put many of these import taxes on hold in the face of market concerns.
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Author: Dillon B
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