The Trump administration is now considering putting tariffs based on their chips on foreign electronic devices. It aims to motivate companies to increase production in the US. According to the plan, the Department of Commerce will put tariffs on such products, which will be some percentage of the estimated price of their chip material. The department has not yet commented on this.

White House spokesman Kush Desai said, “America cannot depend on abroad on semiconductor products that are necessary for our national and economic security. The Trump administration is running several schemes like tariffs, tax exemption and easy to return significant production in America.”

If this scheme is applicable, it can increase the price of many products from toothbrush to laptops. Economist Michael Strain said that this can increase inflation further.

Trump administration has already imposed heavy tariffs

The Trump administration has already announced 100% tariffs on branded drugs and 25% on heavy trucks. In April, investigation on pharmaceuticals and semiconductor imports was initiated to reduce foreign dependence.

According to the report, 15% tariffs can be imposed on electronics coming from Japan and European Union and 25% on chip products from other countries. White House has expressed dissatisfaction over exemption, as Trump generally does not like discounts. However, the White House has expressed dissatisfaction at such a discount, as Trump does not generally like the discount. The implementation of this scheme may increase investment in American industry, but consumer goods prices are also likely to rise.

Also read-

‘Rocked airbase, burnt hangar and broken runways …’, Shahbaz Sharif beat the victory and India washed Pakistan in UN

Harry kumar: American President Donald Trump has nominated Indian-American Harry Kumar as the new Assistant Secretary in the Department of Commerce (Department of Commerce). According to the official website of the US Congress, he was nominated on 10 March 2025. This nomination is part of several appointments submitted to the Congress, in which Kumar will replace semolina failure. If his nomination is approved, he will help in making important decisions related to the country’s economy, trade and development in the US Ministry of Commerce.

Harry Kumar is currently working as a senior advisor in the US Commerce Minister’s office. They give strategic advice on important matters that promote economic policy, trade agreements and business development.

Know who is Harry Kumar

According to the report of India Today, Harry Kumar is a resident of Texas’s Beomont, he was born here. His parents Dr. NAT and Dr. Saku Kumar brought him up in an environment where studies were given priority. Harry Kumar obtained a bachelor’s degree in Political Science from Texas A&M University and then completed the law degree from Texas Tech University School of Law.

After completing his studies, he started his career as a legislative lawyer for American representative Randy Weber in Capital Hill. He then served as a policy advisor of American Senator Marco Rubio at Washington DC.

Senate committee will review nomination

Apart from his tenure in the Senate, Harry Kumar has also been the director of government relations in the Li-cycle. This company specializes in recycling of batteries and important minerals. Currently, his nomination is being reviewed by the Committee on Commerce, Science and Transport Affairs of the US Senate. His name has been included in the Executive Calendar of the Senate and now further confirmation is being awaited.