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To complement efforts to run faster here at home and ensure our companies remain globally competitive, the U.S. must pursue a proactive, market-opening trade and investment agenda that creates new demand for Made-in-America chips at home and overseas, and facilitates U.S. semiconductor sales in new and emerging markets.

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Semiconductor Tariffs by Country (2024)*

Source: World Trade Organization
* Semiconductors tariffs based on HS 8541 (excl. solar goods)
and 8542.
** The European Union includes Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, France, Finland, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden.

U.S. Trade Surplus on Chips for ~30 years

Source: USITC, DataWeb, accessed March 4, 2025.
Note: HS Codes 8541 (excl. solar products) and 8542

Featured Trade Resources

SIA Comments on BIS Section 232 Investigation on Imports of Semiconductors and Semiconductor Manufacturing Equipment

SIA Public Comments on USTR Unfair and Non-Reciprocal Trade Practices RFI

SIA Comments on 2024 China WTO Compliance Report

SIA Comments on USTR Section 301 Investigation on Chinese Legacy Chips

SIA Comments on Promoting Supply Chain Resilience: Building a More Resilient Semiconductor Supply Chain

#6

Semiconductors are a top U.S. export after refined oil, crude oil, natural gas, civilian aircraft, and automobiles

~70%

Roughly 70% of U.S. chip sales are to overseas customers

$52.7 billion

The United States exported $52.7 billion in semiconductors in 2023 and maintains a consistent trade surplus in semiconductors, including with major trading partners such as China

50.7%

The U.S. semiconductor industry is the worldwide leader with about half of global market share

Global Semiconductor Value Chain Map

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