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EU: The 15% tariff cap will still apply to chip exports to the US.
Jin10 reported on August 7 that 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. will remain at 15%. EU spokesperson Olof Gill said on Thursday that Washington has committed to applying the 15% tariff cap to semiconductor exports from the EU, regardless of what tariffs the U.S. imposes on other exporters. He said, "We expect the U.S. to fulfill this commitment."
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