00:00Now, the Wall Street Journal reports that the U.S. is planning to require cheapmakers to manufacture at home as many semiconductors as their customers import or face new tariffs.
00:12The move is part of President Donald Trump's push to revive U.S. manufacturing and reduce reliance on foreign supply chains.
00:20Commerce Secretary Howard Lutnik floated the idea to industry executives, calling it necessary for economic security.
00:26White House spokesperson Kush Desai told the Wall Street Journal America cannot be reliant on foreign imports for the semiconductors crucial to national and economic security.
00:37The report said the plan, still under discussion, could impose tariffs on firms that fail to meet the targets, even as global chipmakers pledge billions to U.S. investment.
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