Here’s what President Donald Trump did today, May 23, 2025, based on the latest news and social media insights.
Top Events
- President Trump signed an executive order aimed at increasing domestic production of semiconductors.
- Trump met with leaders from the semiconductor industry to discuss the implementation of the new executive order.
- The administration announced new tariffs on imported semiconductors from specific countries.
- Trump delivered a speech at a tech conference in Silicon Valley focusing on the importance of technological self-sufficiency.
Trump Signs Executive Order on Semiconductors
President Trump signed an executive order today aimed at increasing domestic production of semiconductors. The order requires federal agencies to prioritize the purchase of domestically produced chips, which is seen as a move to enhance national security. This decision comes in response to concerns about the U.S. reliance on foreign semiconductor supplies. The executive order is expected to have a significant impact on the tech industry, potentially leading to increased investment in domestic manufacturing.
Meets with Semiconductor Industry Leaders
Following the signing of the executive order, President Trump met with leaders from the semiconductor industry at the White House. The meeting included CEOs from major chip manufacturers such as Intel, AMD, and NVIDIA. The discussions focused on how to effectively implement the new order and what support the industry would need from the government. This meeting underscores the administration’s commitment to working closely with the private sector to achieve its goals.
New Tariffs on Imported Semiconductors Announced
The Trump administration announced new tariffs on imported semiconductors from specific countries today. These tariffs are part of a broader strategy to encourage domestic production and reduce reliance on foreign suppliers. The targeted countries include China, South Korea, and Taiwan, which are major players in the global semiconductor market. The administration believes that these tariffs will help level the playing field and incentivize American companies to invest in domestic production.
Delivers Speech at Tech Conference
President Trump delivered a speech at a tech conference in Silicon Valley today, focusing on the importance of technological self-sufficiency. He emphasized the need for the U.S. to lead in semiconductor technology to maintain its global competitive edge. During the speech, Trump stated, “We must ensure that America remains at the forefront of technology, and that starts with securing our supply chains.” The speech was well-received by the audience, with many expressing support for the administration’s efforts to bolster domestic production.