Core Viewpoint - The article discusses President Trump's upcoming tariffs on steel and semiconductor imports as part of a strategy to boost domestic manufacturing and reduce reliance on foreign supply chains [2][5]. Group 1: Tariff Announcement - President Trump announced that new tariffs on steel and semiconductor imports will be revealed within two weeks [4]. - The initial tariff rates will be set low to allow companies time to establish production facilities in the U.S., with plans to significantly increase rates later [4]. Group 2: Strategic Implications - The long-term goal of increasing tariffs is to encourage companies to build manufacturing capabilities domestically rather than relying on imports [4]. - Trump's approach mirrors his recent pharmaceutical strategy, aiming to create a more favorable environment for U.S. manufacturing [4]. Group 3: Recent Developments - In February, tariffs on steel and AI were raised to 25%, and in May, they were doubled to 50% to support U.S. manufacturers [5]. - Trump indicated a potential 100% tariff on imported semiconductors, with exemptions for companies that invest significantly in U.S. manufacturing [5]. - Apple's announcement of an additional $100 billion investment in domestic operations aligns with the broader effort of U.S. reindustrialization [5].