On the recordJune 11, 2025
The U.S. told China it would 'absolutely not' be getting exports of high-powered American semiconductors.
Said by
Howard Lutnick
The U.S. told China it would 'absolutely not' be getting exports of high-powered American semiconductors.
Lutnick confirms restrictions on semiconductor exports to China.
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We’ve made the decision. You can’t have Chinese control and have something on 100 million American phones.
We’re setting prices so that the Chinese can’t dump any more, and we’re setting tariffs to say build it here.
No extensions, no more grace periods. Aug. 1, the tariffs are set; they’ll go into place.
President Trump set out to bring technological manufacturing back to America, and he’s actually doing it, and he’s doing it right now.