President Donald Trump announced 100% tariffs on semiconductors on Wednesday as he touted a new multibillion-dollar investment from Apple. “We are going to be putting a very large tariff on chips and semiconductors.

U.S. President Donald Trump today said that there will be a 100 percent tariff on chips and semiconductors imported into the United States, but

President Donald Trump said Wednesday that he plans to impose 100 percent tariffs on tens of billions of dollars of imported semiconductors used in consumer electronics and other products, but indicated he would not charge companies that commit to making chips in the U.S.