US Commerce Secretary signals targeted semiconductor tariff policy under consideration

Commerce Secretary Howard Lutnick stated the Trump administration is weighing a 'targeted' and 'thoughtful' tariff approach for semiconductors, indicating a potential shift from broad tariffs to sector-specific measures. The policy remains under consideration with no details on rates or timing, and its impact on global chip supply chains is uncertain. This matters as it could affect semiconductor trade flows and pricing for major producers and consumers.