Semiconductors Are The New Oil — Here’s Why Tariffs On Chips Could Cost The World Dearly


US President Donald Trump last week said that more tariffs are coming, and this time, his target is semiconductors. The American leader said that he will reveal the exact details in the coming weeks.
Speaking aboard Air Force One, he told reporters, “I’ll be setting tariffs next week and the week after on steel and on, I would say, chips.” Tariffs have increasingly become a regular feature of the global economy, but semiconductors warrant your special attention because of their



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