Axios
President Trump said Wednesday that he plans to impose 100% tariffs on “all chips and semiconductors coming into the United States” — with a big carveout for companies that have committed to making them here.
Semiconductor chips are essential to the production of a wide range of goods, including cars, computers, phones, health tech and AI servers.
Trump announced the 100% tariff Wednesday during a press conference where he promoted Apple’s commitment to increase its U.S. manufacturing commitment by $100 billion.
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