August 6, 2025

President Donald Trump said Wednesday that he plans to impose 100 percent tariffs on tens of billions of dollars of imported semiconductors used in consumer electronics and other products, but indicated he would not charge companies that commit to making chips in the U.S.

“We’ll be putting a tariff of approximately 100 percent on chips and semiconductors,” Trump said at a White House event where Apple CEO Tim Cook announced plans to boost the company’s investment in the United States by $100 billion.

Trump said companies that make semiconductors in the U.S. will not face the levies. However, it was not entirely clear if he meant he would exclude chips that those companies import from abroad, or just observing that chips made domestically will not face tariffs.

Read more: