Howard Lutnick says the White House is preparing new tariffs on semiconductors.

BREAKING: Howard Lutnick says the White House is preparing new tariffs on semiconductors.

Lutnick’s threat for companies who do not build in the U.S. has been 100%.

The phase 2 expansion of the chip tariffs already in place will add onto the existing 25% tariffs. pic.twitter.com/JhyCevaoqG

— Financelot (@FinanceLancelot) September 2, 2026

White House preparing new semiconductor tariffs

Howard Lutnick confirmed the administration is developing new semiconductor tariffs. Companies that build in the U.S. could receive tariff relief.

https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-09-02-2026/card/u-s-readying-tariffs-on-semiconductors-lutnick-says-NMaGJ0fg5iK9VvIz3ebW

The plan could go beyond chips

The administration is reportedly considering tariffs that could also hit products containing semiconductors, including laptops, gaming consoles and data-center servers. That is much bigger than simply taxing imported chips.

https://www.marketwatch.com/livecoverage/nvidia-earnings-stock-results-guidance-nvda-q2/card/potentially-bad-news-for-nvidia-report-says-trump-admin-weighs-new-microchip-tariffs-without-data-center-exemption-fQq8fEijJYPePkWggTLm

TSMC’s U.S. investment becomes even more important

TSMC has committed roughly $265 billion toward U.S. manufacturing. The proposed tariff structure would give companies a strong incentive to make more chips domestically rather than simply pay the tariff.

https://www1.folha.uol.com.br/mercado/2026/09/governo-trump-avalia-aumentar-tarifas-sobre-chips-diz-secretario-de-comercio.shtml