US sets tariff on certain chips as part of Nvidia-China deal

WASHINGTON, United States — President Donald Trump signed an order Wednesday imposing tariffs on imports of certain semiconductors, a necessary step in the White House’s decision to allow Nvidia to sell advanced artificial intelligence (AI) chips to China. The 25-percent tariff, effective Thursday, applies to chips that are “transshipped through the United States to other foreign countries,” White House staff secretary Will Scharf said at an event. This covers technology like the Nvidia H200 chip and AMD’s MI325X, a government fact sheet added. Trump said last month that he reached an agreement with Chinese President Xi Jinping to allow US chip […]... Keep on reading: US sets tariff on certain chips as part of Nvidia-China deal