Trump introduced that there can be a 100% tariff on pc chips and semiconductors manufactured outdoors of america.
However his announcement comes with an necessary exception: corporations dedicated to manufacturing within the U.S. will not be topic to the excessive duties, he mentioned, softening the blow for some corporations working to onshore manufacturing.
President Donald Trump speaks within the Oval Workplace of the White Home in Washington, Aug. 6, 2025.
Brendan Smialowski/AFP by way of Getty Photos
“So, 100% tariff on all chips and semiconductors coming into america. However if you happen to’ve made a dedication to construct or if you happen to’re within the means of constructing as many are, there isn’t a tariff,” Trump mentioned.
The tariff will doubtless improve the price of electronics, vehicles and home equipment, amongst different family necessities.
-ABC Information’ Michelle Stoddart
