Trump announces 100% chip tariffs — but with big exceptions
President Donald Trump has unveiled plans for a sweeping 100% tariff on imported semiconductors, targeting the global chip supply chain. However, exemptions will apply to companies that manufacture or commit to building facilities in the U.S. Trump cited Apple’s new $100B domestic investment as a qualifying example for avoiding the tariffs. The policy is set to take effect shortly, as part of broader reciprocal tariffs against dozens of countries.
The move could reshape semiconductor manufacturing incentives but leaves major ambiguities—especially for firms still reliant on overseas production.
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