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Trump Imposes 25% Tariff on Advanced Chips Amid Security Concerns

1/17/2026

Summary

Story summary

On January 14, 2026, U.S. President Donald Trump signed a proclamation imposing a 25% tariff on certain advanced computing chips to address national security concerns.
South Korea's Trade Minister Yeo Han-koo said tariffs would have a limited impact because memory chips are excluded.
He warned there is uncertainty about future tariff phases.
Commerce Secretary Howard Lutnick said non-investing South Korean and Taiwanese firms could face tariffs up to 100%.

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Story summary

On January 14, 2026, U.S. President Donald Trump signed a proclamation imposing a 25% tariff on certain advanced computing chips to address national security concerns.
South Korea's Trade Minister Yeo Han-koo said tariffs would have a limited impact because memory chips are excluded.
He warned there is uncertainty about future tariff phases.
Commerce Secretary Howard Lutnick said non-investing South Korean and Taiwanese firms could face tariffs up to 100%.