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Semiconductors and Pharma Face Pressure: Trump’s Latest Tariff Focus
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“We are taking a look at Semiconductors and the WHOLE ELECTRONICS SUPPLY CHAIN in the upcoming National Security Tariff Investigations,” Trump said in a social media post on Sunday. According to Bloomberg, Trump told reporters that he’s “looking at something to help car companies,” adding: “They’re switching to parts that were made in Canada, Mexico and other places, and they need a little bit of time, because they’re going to make them here.” “Onshoring these industries is good for the American worker, good for the American economy and good for American national security — and the best is yet to come.”