Commerce Secretary Howard Lutnick has warned Samsung and SK Hynix they could face 100% tariffs, framing it as a choice between paying a 100% tariff or building memory fabs in America...
Do tariff threats still matter? After being struck down, I thought the only new tariffs which could happen would have to be enacted by Congress? Or world that be a fun game where the new illegal tariffs would be on the books until the courts invalidate them again?
The administration is trying every single angle they can to make congress-less tariffs stick. The latest is slapping a bunch of countries with 10% because they claim those countries insufficiently prevent goods produced by slaves from being imported which makes it unfair for producers in the U.S.
Might be true but it’s hard to take that argument in good faith at this point.
https://techwireasia.com/2026/04/chinese-memory-chips-ymtc-c...
https://wccftech.com/another-chinese-dram-maker-breaks-into-...