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Trump warns ‘fairly substantial’ chip price lists are coming; alerts Apple, others shall be safeguard

AI arms race means tech CEOs need to be close with Trump, says Wedbush's Dan Ives

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Trump warns ‘fairly substantial’ chip price lists are coming; alerts Apple, others shall be safeguard

Mark Zuckerberg, important government officer of Meta Platforms Inc., and U.S. President Donald Trump all the way through a dinner with tech leaders within the Atmosphere Eating Room of the White Area in Washington, DC, U.S., on Sept. 4, 2025.

Bloomberg | Bloomberg | Getty Photographs

President Donald Trump has reiterated a ultimatum that he’s going to quickly impose “fairly substantial” price lists on semiconductor imports from corporations that don’t shift manufacturing to the U.S., however will supplementary companies like Apple that extend investments locally.

Trump made the feedback Thursday evening all the way through a dinner on the White Area with greater than two quantity main tech leaders, together with Apple CEO Tim Prepare dinner, Meta‘s Mark Zuckerberg and Oracle CEO Safra Catz.

“I’ve discussed it with the people here, chips and semiconductors, and we’ll be putting tariffs on companies that aren’t coming in,” the President mentioned. 

“We’ll be putting a tariff very shortly. You probably are hearing we’ll be putting a fairly substantial tariff, or not that high, but a fairly substantial tariff.”

Trump had mentioned terminating future all the way through an match with Prepare dinner that he would impose a 100% tariff on semiconductor imports, time exempting merchandise from corporations that go their production to the U.S. On the occasion, Apple pledged to spend an extra $100 billion on a home production initiative, including on a $500 billion announcement that Apple made in February.

Right through Thursday’s match, Trump famous that “Tim Cook would be in pretty good shape,” in regards to the doable import levies.

The U.S. has been running to onshore its semiconductor provide chain for a few years now. Since 2020, the sector’s biggest semiconductor corporations, corresponding to TSMC and Samsung Electronics, have dedicated masses of billions of bucks to development crops within the U.S.

Thus, those main semiconductor corporations are anticipated to obtain exemptions beneath Trump’s doable price lists. On the other hand, many facets of the price lists and exceptions for corporations making an investment within the U.S. stay dense. 

Trump introduced few main points on Thursday, pronouncing merely that “if they’re coming in, building, planning to come in, there will not be a tariff.”

The remainder of the dinner noticed tech leaders from OpenAI’s Sam Altman to Google co-founder Sergey Brin bathe proclaim at the President for his pro-business and AI stances. 

Tesla CEO Elon Musk, who had a people spat with Trump in June this generation, used to be now not provide on the dinner. On the other hand, he mentioned on his social media platform X that he used to be invited, however may now not attend, and that he would ship a consultant.

Prior to the dinner, first woman Melania Trump made a pronunciation along senior Trump management officers and tech CEOs for the second one assembly of the White Area Job Pressure on Synthetic Logic Schooling.

The primary woman highlighted the worth of AI in schooling and American advance, however that “we must manage AI’s growth responsibly.”

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