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Trump Targets Global Chipmakers With 100% Tariff Threat

OilPrice · Charles Kennedy · last updated
President Trump declared on Wednesday that the United States will impose a 100% tariff on imported semiconductor chips—unless the companies have formally committed to building or expanding manufacturing within the U.S. The tariff would aim to reshape the global semiconductor supply chain by incentivizing onshore production. Notable companies such as Apple, already committing over $100 billion in additional U.S. investments (bringing their total pledge to $500 billion), are being touted as major beneficiaries of this carve?out. Major…