Trump’s commerce chief Howard Lutnick is reportedly gunning for tariffs that would allow foreign companies to evade these tariffs, but only if they invest in U.S. chip manufacturing capacity. Under Lutnick’s vision, the amount of chips that can enter duty-free will reportedly be based on how big an investment the company makes.

Ground beef prices are the highest they’ve been in years. President Trump announced that the United States will waive tariffs on ground beef imports to reduce prices by up to 25%, but that move worries some North Texas cattle ranchers,