Tech
US plans 1:1 chip production rule to curb overseas reliance, WSJ reports
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The US is planning to push chipmakers to match the volume of semiconductors that their customers currently import from overseas providers through domestic production, or pay a tariff, the Wall Street Journal reported on Friday.
President Donald Trump has doubled down on his efforts to reshore semiconductor manufacturing, offering exemptions from tariffs of roughly 100% on chips to firms that produce domestically.
Companies that fail to sustain a 1:1 domestic-to-import ratio over time would face tariffs, the Journal said.
US Commerce Secretary Howard…
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