The White House says that in the near future, US President Trump may impose broader tariffs on semiconductor imports and their derivative products

The White House says that in the near future, US President Trump may impose broader tariffs on semiconductor imports and their derivative products.

The White House's indication of potential broader tariffs on semiconductor imports could escalate trade tensions, impacting not only the tech sector but also broader market sentiment. This move may provoke retaliatory measures, affecting USD stability and heightening caution in equities and commodity markets, especially among major trading partners like Japan and the EU.