US steps up probe into chip imports

Reuters

Washington, Updated At : 03:23 AM Apr 16, 2025 IST

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The Trump administration is proceeding with probes into imports of pharmaceuticals and semiconductors as part of a bid to impose tariffs on both sectors on grounds that extensive reliance on foreign production of medicine and chips is a national security threat, Federal Register filings on Monday showed.

The filings announce 21-day public comment periods and mark Trump’s latest use of Section 232 of the Trade Expansion Act of 1962 as justification for so-called sectoral tariffs aimed at boosting domestic production of goods.

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