President Donald Trump is reportedly weighing a new round of tariffs, sending the tech industry into panic as insiders view the move as an existential threat. While the warnings might be warranted, so is the need to reshore chip manufacturing.
The Trump administration is looking to install new tariffs on semiconductors, Politico reported Thursday, citing eight people familiar with the discussion. Tech companies have warned the administration that adding the tariffs “could doom U.S. hopes in dominating artificial intelligence (AI),” according to the report.








