Comment Warns that Additional Tariffs on Semiconductors Would Jeopardize American AI Leadership and Harm American Competitiveness, Urges Incentives for Domestic Semiconductor Manufacturing, and Calls for Minimization of Supply Chain Disruptions
Washington, D.C. – TechNet, the national, bipartisan network of technology CEOs and senior executives, submitted their comment on the Bureau of Industry and Security’s (BIS) investigation under Section 232 of the Trade Expansion Act of 1962, regarding the national security effects of imports of semiconductors and semiconductor manufacturing equipment (SME).
“Imposing additional tariffs would impede economic growth, job creation, and innovation,” said TechNet CEO, Linda Moore. “These tariffs will ultimately make it more expensive for tech companies to build out the AI infrastructure needed to achieve President Trump’s goal of global AI dominance and will undermine our competitive edge against China. Instead, the U.S. should double down on efforts to incentivize domestic semiconductor manufacturing and secure critical minerals needed for production while working to curb China’s discriminatory practices by leveraging the support and engagement of our international partners and allies.”
The letter examines four key areas related to semiconductor imports and manufacturing: 1) the increasing domestic demand for semiconductors and limits of current domestic production, 2) American workforce shortages, 3) the role of foreign fabrication and supply chains, and 4) the economic impact of tariffs.
A full text of the comment can be read here.