EU: The 15% tariff cap will still apply to chip exports to the US

ChainCatcher news, according to Jinshi Data reports, the European Union stated that even if President Trump announces new tariffs on semiconductors entering the United States, the tariff cap for chip exports from the EU to the U.S. remains at 15%.

EU spokesperson Olof Gill said on Thursday that Washington has committed to the 15% tariff cap applying to EU semiconductor exports, regardless of what tariffs the U.S. imposes on other exporters. He said, "We expect the U.S. to honor this commitment."