The Trump administration is reconsidering the timing of proposed semiconductor tariffs due to geopolitical risks and supply chain concerns. While tariffs as high as 100% are still on the table, officials are adopting a cautious approach in private discussions. The potential for increased trade tensions with China, especially regarding rare earth dependencies, is a significant factor in the decision-making process. Despite a recent meeting between President Trump and President Xi in Busan that temporarily paused trade escalations, no official policy changes or timelines have been announced. The delay provides temporary relief for manufacturers and retailers, but uncertainty remains over the final tariff structure.