The Trump administration is looking into whether extensive reliance on imports of semiconductors poses a national security threat
Trump said many companies would be investing in semiconductor manufacturing in the US, including some from Taiwan and other places, to avoid getting hit by new tariffs.
He said von der Leyen had avoided the pending chips tariffs “in a much better way”.
Trump and von der Leyen announced a new framework trade agreement that included across-the-board 15 per cent tariffs on EU imports entering the US.
Trump said the agreement included cars, which face a higher 25 per cent tariff under a separate sectoral tariff action.
