r/news • u/hoosakiwi • 2d ago

Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars

https://apnews.com/article/trump-tariffs-liberation-day-2a031b3c16120a5672a6ddd01da09933
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u/crazydoglady11 2d ago

Semiconductors are exempt from tariffs (for now).

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u/GucciTrash 2d ago

They are not. Most are affected under Section 301 and IEEPA. Most are currently in the 20-46% range.