U.S. President Donald Trump speaks right through an tournament with Apple CEO Tim Prepare dinner within the Oval Place of business of the White Space on August 6, 2025 in Washington, DC.
Win Mcnamee | Getty Pictures
President Donald Trump mentioned Wednesday he’s going to impose a 100% tariff on imports of semiconductors and chips, however no longer for corporations which might be “building in the United States.”
The announcement of untouched sector-specific price lists presentations Trump ratcheting up his efforts to power companies to form their merchandise within the U.S.
However specifics concerning the plan, akin to how a lot U.S. production an organization must do to bring to qualify for the tariff exemption, weren’t right away sunny.
“We’re going to be putting a very large tariff on chips and semiconductors,” Trump mentioned within the Oval Place of business on Wednesday afternoon.
“But the good news for companies like Apple is if you’re building in the United States or have committed to build, without question, committed to build in the United States, there will be no charge,” he mentioned.
“So in other words, we’ll be putting a tariff on of approximately 100% on chips and semiconductors. But if you’re building in the United States of America, there’s no charge.”
Trump had in the past signaled that the tasks on chips and semiconductors, that have grow to be key parts in nearly each and every trade, may just come once later moment.
The remarks got here then Trump touted a constancy by way of Apple to speculate any other $100 billion within the U.S. over the later 4 years, on lead of the $500 billion the tech vast has in the past pledged.
A number of lead chipmakers, together with Taiwan Semiconductor, Nvidia and GlobalFoundries, have already pledged to form a few of their merchandise within the U.S.
They’re no longer rejected: Greater than 130 initiatives within the U.S. totaling $600 billion bucks had been introduced since 2020, consistent with the Semiconductor Industry Association.
TSMC, the arena’s greatest pledge chip corporate, has pledged to speculate a complete of $165 billion in U.S. production.
Nvidia, the arena’s maximum significance corporate, mentioned in April that it plans to spend $500 billion on AI infrastructure within the U.S. over the later 4 years.
GlobalFoundries pledged $16 billion in June to increase its semiconductor production at amenities in Untouched York and Vermont.
Additionally in June, Texas Tools introduced a $60 billion spice up to seven chip fabs within the U.S. The corporate counts Apple, Ford, Medtronic, Nvidia and SpaceX as consumers.
