US Commerce Secretary warns some Korean, Taiwanese firms may face 100% chip tariffs unless they invest in US
US Commerce Secretary Howard Lutnick warned South Korean and Taiwanese chipmakers of 100% tariffs unless they expand manufacturing in America. The Trump administration is using trade deals and tariff threats to push investment, while temporarily pausing broad semiconductor levies. Micron’s vast US expansion underlines the approach as Samsung and SK Hynix weigh responses.