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ADJUSTING IMPORTS OF SEMICONDUCTORS, SEMICONDUCTOR MANUFACTURING EQUIPMENT, AND THEIR DERIVATIVE PRODUCTS INTO THE UNITED STATES
Proclamation January 14, 2026

ADJUSTING IMPORTS OF SEMICONDUCTORS, SEMICONDUCTOR MANUFACTURING EQUIPMENT, AND THEIR DERIVATIVE PRODUCTS INTO THE UNITED STATES

President Donald Trump has issued a proclamation to address the national security threat posed by the importation of semiconductors, semiconductor manufacturing equipment, and related products. The action follows a report from the Secretary of Commerce, which highlighted the U.S.'s dependency on foreign sources for these critical components, essential for defense and various critical infrastructure sectors. To mitigate this threat, the proclamation includes a two-phase plan: initially imposing a 25% tariff on certain advanced computing chips unless they support U.S. technology supply chain development, and potentially broader tariffs following trade negotiations. The aim is to boost domestic semiconductor production, reduce reliance on foreign supply chains, and strengthen national security.

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Clarification of Exceptions Under Executive Order 14257 of April 2, 2025, as Amended

Apr 11, 2025

Presidential Memorandum

Clarification of Exceptions Under Executive Order 14257 of April 2, 2025, as Amended

President Donald Trump issued a memorandum clarifying exceptions under Executive Order 14257, which addresses large U.S. trade deficits by imposing additional tariffs. The memorandum specifies that "semiconductors" are excluded from these tariffs, detailing which products fall under this category by listing specific headings and subheadings from the Harmonized Tariff Schedule of the United States (HTSUS). It orders that the HTSUS be updated to reflect these exceptions, effective April 5, 2025, and mandates refunds for any duties collected on these semiconductor products since that date. This action aims to ensure the correct application of tariffs while safeguarding the semiconductor industry from additional duties.

Defending American Companies and Innovators From Overseas Extortion and Unfair Fines and Penalties

Feb 26, 2025

FR
Memorandum

Defending American Companies and Innovators From Overseas Extortion and Unfair Fines and Penalties

President Donald Trump issued a memorandum aimed at protecting American companies from what he describes as unfair foreign taxes and regulations, particularly in the technology sector. The directive instructs the Secretary of the Treasury, the Secretary of Commerce, and the United States Trade Representative to identify and counteract foreign measures that disproportionately burden American businesses. The memorandum outlines a policy to impose tariffs and other actions against countries that levy discriminatory taxes or regulations on U.S. companies. It also calls for investigations into specific digital services taxes and other practices by foreign governments that may undermine the competitiveness of American companies. The goal is to ensure that American economic interests and national security are not compromised by foreign policies deemed extortive or anti-competitive.

Strengthening American Leadership in Digital Financial Technology

Jan 31, 2025

FR
Executive Order

Strengthening American Leadership in Digital Financial Technology

On January 23, 2025, President Donald Trump signed Executive Order 14178, titled "Strengthening American Leadership in Digital Financial Technology." This order aims to bolster U.S. leadership in digital assets and financial technology by supporting the responsible growth of blockchain and related technologies. It emphasizes protecting economic liberty, ensuring open access to digital financial networks, and promoting dollar-backed stablecoins. The order also revokes previous directives related to digital assets and establishes a President's Working Group on Digital Asset Markets to propose regulatory frameworks. Additionally, it prohibits the establishment and use of Central Bank Digital Currencies (CBDCs) within the U.S., citing concerns over financial stability and privacy.