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Lutnick says Trump developing new semiconductor tariff plan

Commerce Secretary Howard Lutnick said the Trump administration is developing a plan to impose new tariffs on semiconductors. He said major chip makers are aware and companies can avoid the tariffs.

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By Joseph De AvilaThe Trump administration is developing a plan to impose new tariffs on semiconductors, Commerce Secretary Howard Lutnick said.All the major chip makers are aware these new tariffs are in the works, Lutnick told CNBC's Squawk Box today.

Companies can avoid the tariffs if they commi…