Trump Threatens 100% Tariff on Semiconductor Imports, Exempts U.S. Producers
Summary
President Trump threatens a 100% tariff on semiconductor imports while exempting U.S. producers, touting Apple's $100 billion U.S. investment over 4 years.
Key Points
- Trump vows to impose a 100% tariff on imports of semiconductors and chips.
- Companies building semiconductors and chips in the U.S. will be exempt from the tariff.
- Trump touts Apple's commitment to invest $100 billion more in the U.S. over the next 4 years.