Synopsis
USTR Jamieson Greer announced no immediate semiconductor tariffs are planned. He emphasised the importance of duties to encourage domestic chip manufacturing. Greer indicated that any protective measures would be carefully timed and appropriately scaled. This comes as the US aims to reduce reliance on foreign chip supply chains. Micron Technology is expanding its US.Listen to this article in summarized format
Greer, speaking at a Micron Technology memory chip plant expansion project in the Washington, D.C., suburbs, said that any tariffs USTR's long-awaited Section 232 national security investigation aimed at protecting the US semiconductor sector needed to be properly sequenced to promote US output.
"Having tariffs on semiconductors is really important. What's even more important than having protection for facilities like this is making sure we do it on the right timing and in the right amount," Greer said.
"There was not an immediate tariff coming," he said.
In January, the Trump administration noted the United States fully manufactures only approximately 10% of the chips it requires, making it heavily reliant on foreign supply chains.
"These are complex supply chains. We've seen offshoring of semiconductors for decades," Greer said, adding the government wants to ensure there are no immediate tariffs on companies that are producing semiconductors, and will allow companies to import an unspecified amount during that "reshoring phase."
In June, Micron said it was expanding its U.S. investments by $30 billion. The company said its planned investments will total $200 billion.
Micron said on Friday it had begun 1‑alpha DRAM wafer manufacturing in Manassas, Virginia, of the most advanced memory chip produced in the U.S.
DRAM chips are components in personal computing, cars, industrial operations, wireless communications and AI, and Micron's High-Bandwidth Memory is critical for enabling new AI models.
In December 2024, the U.S. Commerce Department under former President Joe Biden finalized a nearly $6.2 billion government subsidy for Micron to produce semiconductors in New York and Idaho, one of the largest government awards to chip companies under the $52.7 billion 2022 CHIPS and Science Act.
