Economy

“Trump vows 100% tariff on chips, unless companies are building in the U.S.”

“…President Donald Trump said he will impose a 100% tariff on imports of semiconductors and chips, but not for companies that are “building in the United States.”

Specifics about the plan, such as how much U.S. manufacturing a company needs to do in order to qualify for the tariff exemption, were not immediately clear.

The remarks came after Trump touted a commitment by Apple to invest another $100 billion in the U.S. over the next four years…”

https://www.cnbc.com/2025/08/06/trump-tariffs-chips-companies.html

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