President Donald Trump enacted a new 25% tariff on “certain advanced computing chips” on Wednesday, according to a White House fact sheet. That includes Nvidia’s H200 chip and AMD’s MI325X. However, chips imported to support building up the US technological supply chain would be exempt.
It’s unclear, though, what criteria would need to be met to qualify for the exemption. The White House did not immediately respond to CNN’s inquiry.
The White House fact sheet also warned that the president in the near future “may impose broader tariffs on imports of semiconductors and their derivative products.”
The move comes amid Trump’s broad push to boost technology manufacturing in the United States…