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Reading: Howard Lutnick Says Chip Import Probe Outcomes Due In 2 Weeks As Trump Threatens New Tariffs To Drive US Manufacturing Increase – NVIDIA (NASDAQ:NVDA), Apple (NASDAQ:AAPL)
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StockWaves > Trading > Howard Lutnick Says Chip Import Probe Outcomes Due In 2 Weeks As Trump Threatens New Tariffs To Drive US Manufacturing Increase – NVIDIA (NASDAQ:NVDA), Apple (NASDAQ:AAPL)
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Howard Lutnick Says Chip Import Probe Outcomes Due In 2 Weeks As Trump Threatens New Tariffs To Drive US Manufacturing Increase – NVIDIA (NASDAQ:NVDA), Apple (NASDAQ:AAPL)

StockWaves By StockWaves Last updated: July 28, 2025 3 Min Read
Howard Lutnick Says Chip Import Probe Outcomes Due In 2 Weeks As Trump Threatens New Tariffs To Drive US Manufacturing Increase – NVIDIA (NASDAQ:NVDA), Apple (NASDAQ:AAPL)
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On Sunday, Commerce Secretary Howard Lutnick mentioned the U.S. will announce the outcomes of its semiconductor import probe in two weeks.

What Occurred: Talking after Donald Trump met with European Fee President Ursula von der Leyen, Lutnick mentioned the nationwide safety investigation into chip imports is nearing completion, reported CNBC.

 It is one of many “key causes” the EU sought to barter a broader commerce settlement that may “resolve all issues at one time,” he instructed reporters.

The Trump administration is conducting the probe underneath Part 232 of the Commerce Enlargement Act of 1962, the identical statute beforehand used to impose tariffs on metal, aluminum and autos.

The evaluation follows considerations that the U.S.’s reliance on foreign-made chips, notably from Taiwan, poses a nationwide safety danger.

See Additionally: Elizabeth Warren Says Trump ‘Authorized’ The Largest Meat Firm In World To Be Listed On NYSE Ignoring Corruption And Bribery Historical past, Calls for Solutions

Why It is Essential: The upcoming ruling might pave the best way for sweeping new tariffs on international chipmakers until they increase U.S.-based manufacturing. Trump mentioned companies from Taiwan and different locations are already planning home investments to dodge penalties, the report added.

Trending Funding Alternatives

The probe builds on a wider commerce crackdown that has reshaped international provide chains and will have vital implications for corporations like Taiwan Semiconductor Manufacturing Co. TSM and Samsung Electronics SSNLF, in addition to U.S. tech giants like Nvidia Company NVDA, Tesla Inc. TSLA and Apple Inc. AAPL depending on abroad semiconductor provide.

TSMC maintains robust upward momentum throughout brief, medium, and long-term intervals, in response to Benzinga’s Edge Inventory Rankings. Extra detailed efficiency information will be discovered right here.

Learn Subsequent: 

Photograph Courtesy: Joshua Sukoff on Shutterstock.com

Disclaimer: This content material was partially produced with the assistance of AI instruments and was reviewed and revealed by Benzinga editors.

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5 Comments
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