Remember Trump’s 300% Tariffs on Foreign-Made Chips? Don’t Hold Your Breath

In August, President Trump threatened to impose tariffs as high as 300% on foreign-made chips, but the plan now appears to be on the back burner.

US officials have been privately telling those in government and private industry that semiconductor-focused tariffs are unlikely to happen anytime soon, according to Reuters, citing unnamed sources. 

One reason is that the White House wants to avoid angering the Chinese government after the Trump administration reached a trade deal with…