Donald Trump called for tariffs on foreign computer chips, semiconductors, and pharmaceuticals from places like Taiwan in the near future.
Imposing tariffs on imported pharmaceuticals could weigh on Japan, home of major drugmakers such as Takeda, Astellas, Daiichi Sankyo and Eisai, which has been expecting strong sales growth in the U.S. of its Alzheimer's disease drug Leqembi.
Jan. 27, 6:30 p.m. EST President Donald Trump said at a House Republican retreat that the launch of the AI model was “a positive development” but should be considered a “wake-up” call for U.S. industries, lauding the move for what he hoped would usher in a future of “coming up with a faster method of AI, and much less expensive method.”
President Donald Trump previously criticized the CHIPS and Science Act, leading to speculation over whether the law could be repealed or tweaked under the new administration.
The semiconductor business between Taiwan and the United States is mutually beneficial, with Taiwan being a critical player in the global technology supply chain. Despite tariff threats from Donald Trump,
Experts say regardless of the US president’s latest manoeuvres, a hanging sword dangles over the US-China trade war that is expected to intensify, with semiconductor microchips in the crosshairs.
No wonder OpenAI needs $500B for Stargate Americans could soon see the price of electronics skyrocket in response to a 25-100 percent tariff on computer chips promised by US President Donald Trump on Monday.
President Donald Trump's nominee to head the U.S. Commerce Department will tell senators on Wednesday he will "take a thoughtful and rigorous approach" to overseeing the agency but did not offer any specifics on tariffs or China policy.
Leading AI chip maker Nvidia dropped 17% at the start of the week, pulling US stocks down in what president Donald Trump said was a "wake-up call" for US tech companies.
On Monday, as DeepSeek’s recently introduced innovations wiped over $1 trillion off the value of U.S. stocks, and just days after announcing a privately funded $500 billion AI infrastructure push, President Donald Trump said DeepSeek’s rise was “a wake-up call for our industries that we should be laser-focused on competing to win.”