ADJUSTING IMPORTS OF SEMICONDUCTORS, SEMICONDUCTOR MANUFACTURING EQUIPMENT, AND THEIR DERIVATIVE PRODUCTS INTO THE UNITED STATES

The order directs federal agencies to adjust imports of semiconductors, semiconductor manufacturing equipment, and their derivative products into the United States. The Secretary of Commerce has determined that the current quantity and circumstances of these imports pose a threat to national security and economy, as the United States is heavily reliant on foreign supply chains for these items. The country currently manufactures only about 10% of the semiconductors it needs, despite consuming approximately a quarter of the world's semiconductors.