President Trump said on Wednesday that he would impose “about 100%” tariffs on imported semiconductors.
President announced during an oval office event with Apple CEO Tim Cook Unveil a new $ 100 billion commitment By Tech Veteran to invest in US-based manufacturing.
Heavy new tariffs will not apply to companies that have agreed to start construction of microchips in the US
“We will put a tariff on chips and semiconductors at about 100%, but if you are building in the United States, there is no fee, even if you are building and you are not producing yet,” said Mr. Trump.
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