Trump to impose tariffs on semiconductor imports from firms not moving production to US


FILE PHOTO: Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration/ File Photo

WASHINGTON (Reuters) -President Donald Trump said on Thursday his administration would impose tariffs on semiconductor imports from companies not shifting production to the U.S., speaking ahead of a dinner with major technology company CEOs.

Since returning to office in January, Trump's threat of tariffs has alienated trading partners, stirred volatility in financial markets and fueled global economic uncertainty.

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