Broad tariffs on semiconductors risk economic harm and American security
AI Summary
Since the start of his term, President Trump has implemented tariff policy to strengthen semiconductor supply chains to protect national security and encourage insourcing of future manufacturing. Policymakers should build upon the previous success of a targeted and limited tariff policy in the next phase. Blanket tariffs on all semiconductors would undo much of the good work done to date of increasing domestic manufacturing.
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