US plans Big Tech carve-out from next chip tariffs, FT reports

Feb 9 (Reuters) – U.S. President Donald Trump’s administration plans ​to spare firms such ‌as Amazon, Google and Microsoft ‌from upcoming tariffs on chips as they build AI data centers, the Financial Times ⁠reported on ‌Monday, citing people familiar with the matter. The ‍carve-outs would be provided by the Commerce Department and tied to ​investment…


US plans Big Tech carve-out from next chip tariffs, FT reports
US plans Big Tech carve-out from next chip tariffs, FT reports

Feb 9 (Reuters) – U.S. President Donald Trump’s administration plans ​to spare firms such ‌as Amazon, Google and Microsoft ‌from upcoming tariffs on chips as they build AI data centers, the Financial Times ⁠reported on ‌Monday, citing people familiar with the matter.

The ‍carve-outs would be provided by the Commerce Department and tied to ​investment commitments made by ‌the Taiwan Semiconductor Manufacturing Company, the report added.

Plans are in flux and had not been signed by Trump, ⁠the Financial Times ​cited an administration ​official as saying.

TSMC, the world’s largest contract chipmaker, ‍is ⁠investing $165 billion to build factories in the U.S. state ⁠of Arizona.

(Reporting by Costas Pitas; ‌Editing by Caitlin Webber and ‌Chris Reese)

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