Trump tariffs on chips and drugs would hit US allies in Asia

WASHINGTON, D.C.: U.S. President Donald Trump announced plans to impose tariffs on imported computer chips, pharmaceuticals, and steel, aiming to drive more manufacturing within the United States.

The move could significantly impact key U.S. allies in Asia, including Taiwan, South Korea, and Japan, which dominate global production in these industries.

This announcement adds to Trump's recent trade threats,