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Live Updates  >  Live Update Details

2025-08-07 06:03:10

Trump stated that he would impose a 100% tariff on imported goods containing semiconductors, but exempt companies that would produce in the United States. "We will impose very high tariffs on chips and semiconductors, but there is good news for companies like Apple: if you are building a factory in the United States, or have already made an unequivocal commitment to building a factory in the United States, you will not have to pay anything. In other words, we will impose a tariff of approximately 100% on chips and semiconductors. But if you are building a factory in the United States, you will not have to pay. Even if you haven't actually started large-scale production yet, but you are under construction, then you will not have to pay." Trump also stated that independent tariffs may be imposed on all products containing semiconductor chips as early as next week. (Refinitiv)

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