Trump enacts 25% tariff on chips — with a caveat

By Elisabeth Buchwald, Lisa Eadicicco, CNN

(CNN) — 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.