U.S. President Donald Trump speaks at an event with Apple CEO Tim Cook in Washington, D.C. on August 6, 2025.
Win McNamee | Getty Images
president Donald Trump He said Wednesday that he would impose 100% tariffs on imports of semiconductors and chips, but not on companies that are “built in the United States”.
News of announcing new sector-specific tariffs suggests Trump is putting pressure on businesses to produce their products in the United States
Trump has previously said that the responsibilities of chips and semiconductors have become a key component of almost every industry and may begin next week.
“We will put a lot of tariffs on chips and semiconductors,” Trump said in the Oval Office Wednesday afternoon.
“But the good news for a company like Apple is that if you build in the U.S. or are committed to building in the U.S. without a doubt, there will be no fees,” he said.
“So, in other words, we’re going to impose a tax rate of about 100% on chips and semiconductors. But if you build in the United States of America, then you don’t care.”
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