US White House mulls a new round of tariffs on chips, Politico reports citing sources

One approach under consideration would increase the number of tech products subject to levies. This means that duties would hit chips, and potentially items such as laptops, gaming consoles and servers that fill data centres. Commerce Secretary Lutnick reportedly favours a structure which would link foreign companies' relief from the tariffs to investments into US chip manufacturing. On this note, Lutnick would allow a set volume of chips enter the country duty-free, with the amount tied to how much a company pledges to produce in the US. Also under consideration is a phase-in period for new tariffs. But this is still subject to potential revisions in the coming weeks and months. The source suggests that recent talks with tech industry representatives have moved in a negative direction. No precise rate has been settled on yet.