US plans Big Tech carve-out from next chip tariffs, FT reports

Strong Bullish 100.0
U.S. President Donald Trump's administration plans ​to spare firms such ‌as Amazon, Google and Microsoft ‌from upcoming tariffs on chips as they build AI data centers, the Financial Times ⁠reported on ‌Monday, citing people familiar with the matter. The ‍carve-outs would be provided by the Commerce Department and tied to ​investment commitments made by ‌the Taiwan Semiconductor Manufacturing Company, the report added. Plans are in flux and had not been signed by Trump, ⁠the Financial Times ​cited an administration ​official as saying.
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