{ "story_id": "841be2882d7ebbbc2ef6954ed547adee", "desk": "drm3", "revision": 1, "published_at": "2026-09-03T01:15:53.000Z", "content_hash": "c5c19332985605737c55abbbb0cc2a96e738baaea3a5b840447979eb947559b4", "hash_basis": "sha256 over `headline\\ndek\\nprose`, plus `\\n` + the canonical citations JSON when any source is placed, plus `\\n#blog` for blogs", "basis": { "headline": "US construction spending falls 0.5% in July, missing expectations", "dek": "US seasonally adjusted construction spending declined 0.5% in July to $2.1576 trillion, against flat expectations.", "prose": "Seasonally adjusted construction spending in the US decreased by 0.5% month-over-month in July 2026 to $2.1576 trillion. [^1]\n\nHoward Lutes, the US Commerce Secretary, stated on an interview with CNBC that the US government is preparing new tariff policies specifically designed for semiconductors. [^2]\n\nHoward Lutnick, US Secretary of Commerce, stated on 2025-11-02 in a CNBC interview that the US is preparing large-scale semiconductor tariffs to encourage the relocation of overseas semiconductor production facilities to the US. [^3]\n\nThe South Korean Blue House stated on 2025-11-03 that the government plans to closely monitor trends related to large-scale semiconductor tariffs and negotiate with the US to prevent adverse effects on Korean companies. [^4]\n\nUS Commerce Secretary Howard Luetken stated on 2026-04-02 that the US government is reviewing the imposition of tariffs on semiconductor products. [^5]\n\nHoward Lutes emphasized that if semiconductor products are not produced in the US, they will be required to pay tariffs to enter the world's largest market. [^6]\n\nHoward Lutes stated that the new tariff policy will be precisely and carefully designed to exempt products manufactured in the US from tariffs. [^7]\n\nA Blue House official told reporters on 2025-11-03 that specific details regarding the semiconductor tariffs are not yet confirmed. [^8]\n\nHoward Luetken confirmed that the tariff policy would be high-intensity and directly linked to investment in US semiconductor manufacturing. [^9]\n\nHoward Luetken explained that semiconductors produced in the US are exempt from tariffs, but foreign manufacturers must pay tariffs to access the US market. [^10]\n\nReports indicate the US government is considering expanding tariff targets to include finished goods containing semiconductors, such as laptops, game consoles, and data center servers. [^11]\n\nPolitico reported on July 27 that the US government is considering expanding the scope of semiconductor tariff targets to include finished products like laptops and data center servers. 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