SITUATION UPDATE: Commerce Secretary Howard Lutnick told CNBC

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SITUATION UPDATE: Commerce Secretary Howard Lutnick told CNBC this morning that the Trump administration is preparing semiconductor tariffs and that the companies already know they are coming.

MTS@MTSlive5d ago

SITUATION BREWING: The Trump administration is considering new tariffs on semiconductors to incentivize domestic chip production. Tech companies warn this could jeopardize the U.S. data center buildout and America’s lead in the AI race, per Politico.