The Dutch chip equipment manufacturer will be exempted from the new US tariffs, allowing chipmakers like TSMC and Samsung easy access to lithography machines in America.

Well, the US and EU recently concluded on a trade deal, setting the tariff rates to the “baseline” 15% figure, along with potential ‘hundreds of billions’ in investments by the EU into America’s energy sector. However, there are tariff exemptions with specific categories, and one of them includes semiconductors, according to a statement released by the European Commission. This means that US companies could import chip equipment and essentials into the nation without paying the extra costs to the government in form of tariffs, and this means great news for the likes of Samsung and TSMC.