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Trump Vows 100% Tariff On Chips, Unless Companies Are Building In the US


Without providing specifics, President Trump said on Wednesday that he will impose a 100% tariff on imports of semiconductors and chips, but not for companies that are "building in the United States." CNBC reports: "We're going to be putting a very large tariff on chips and semiconductors," Trump s...

Without providing specifics, President Trump said on Wednesday that he will impose a 100% tariff on imports of semiconductors and chips, but not for companies that are "building in the United States." CNBC reports:"We're going to be putting a very large tariff on chips and semiconductors," Trump said in the Oval Office on Wednesday afternoon. The remarks follow a recently announced commitment by Apple to invest another $100 billion in the U.S. over the next four years to boost manufacturing in the U.S.

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