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US moves ahead on tariffs with investigations into computer chips and pharmaceuticals [Video]

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Canadian National News

BANGKOK – The Trump administration has taken its next steps toward imposing more tariffs on key imports, launching investigations into imports of computer chips, chip making equipment and pharmaceuticals.

The Department of Commerce posted notices about the probes late Monday on the Federal Register, seeking public comment within three weeks. It had not formally announced them earlier.

Although President Donald Trump paused most of his biggest tariff hikes last week for 90 days, apart from those for imports from China, he has said he still plans tariffs on pharmaceutical drugs, lumber, copper and computer chips.

The Commerce Department said it is investigating how imports of computer chips, equipment to make them and products that contain them — which include many daily necessities such as cars, refrigerators, smart phones and other items — affect national security. Section 232 of the Trade Expansion Act of 1962 permits the president to order tariffs for the sake …

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