Trump opens the Chips Cup for security reasons …
US President Donald Trump wants to give instructions to the Ministry of Commerce, which will lead to new customs duty on semiconductor technology, said a White House official “Politico”.
This move can lead to more tension between the major economies in the United States and East Asia, such as Taiwan, one of the largest electronic chips in the United States, and will have widespread consequences on the importing of these key components.
The Trump administration has come a few hours after the exemption of smartphones, computers and other electronic devices from mutual customs obligations, and the exemption includes semiconductor, which promises to impose customs definitions in more than one trump, which indicates that these products are subject to different customs fees.
South Korea, Malaysia and Japan play an important role in the semiconductor distribution chain, despite the assembly, testing or production activities. China is the largest consumer market for the world’s electronic chips.
The investigation is being held under Section 232 of the Business Extension Act of 1962, which is cited by the US official, a US official, cited the President to impose restrictions on imports that are a threat to national security. The official explained that the purpose of the investigation was “to renew American industrialization in major technology sectors.”
He pointed out that the Ministry of Commerce wants to open the door for public ideas and usually takes up to 270 days for this type of investigation, although the White House has noted the possibility of accelerating the table.
In the last two months, Trump has already launched investigations under Article 232 of the copper and wooden fields, and is based on similar investigation results in the first term of the first term expanding customs duty on steel and aluminum in March.
