WASHINGTON: The USA will impose a tariff of about 100 per cent on semiconductor chips imported into the nation, President Donald Trump stated on Wednesday (Aug 6).
Trump advised reporters within the Oval Workplace that the brand new tariff price would apply to “all chips and semiconductors coming into america”, however wouldn’t apply to firms that had made a dedication to fabricate in america.
“So 100 per cent tariff on all chips and semiconductors coming into america. However for those who’ve made a dedication to construct (within the US), or for those who’re within the strategy of constructing (within the US), as many are, there isn’t a tariff,” Trump stated