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Trump warns ‘fairly substantial' chip tariffs are coming; signals Apple, others will be safe
CNBC· 2025-09-05 03:11
Core Viewpoint - U.S. President Donald Trump plans to impose substantial tariffs on semiconductor imports from companies that do not relocate production to the U.S., while exempting firms like Apple that increase domestic investments [1][2][3]. Group 1: Tariff Imposition - Trump indicated that tariffs would be implemented shortly, describing them as "fairly substantial" [3]. - The President previously mentioned a potential 100% tariff on semiconductor imports, with exemptions for companies that move manufacturing to the U.S. [3]. - Apple has committed to invest an additional $100 billion in domestic manufacturing, on top of a previously announced $500 billion investment [3]. Group 2: Industry Response - Major tech leaders, including Apple CEO Tim Cook, Meta's Mark Zuckerberg, and Oracle CEO Safra Catz, attended a dinner where these tariff discussions took place [2]. - The U.S. has been actively working to onshore its semiconductor supply chain, with significant commitments from companies like TSMC and Samsung Electronics to build plants in the U.S. [4].
X @Bloomberg
Bloomberg· 2025-09-05 00:12
President Donald Trump said he would be imposing tariffs on semiconductor imports “very shortly” but spare goods from companies like Apple that have pledged to boost their US investments https://t.co/63GWzHpIRY ...
X @Bloomberg
Bloomberg· 2025-08-07 00:54
Donald Trump said he would impose a 100% tariff on semiconductor imports, though would exempt companies moving production back to the United States, as Apple CEO Tim Cook and the president announced a fresh $100 billion investment plan from the Oval Office https://t.co/SPYueaamXN📷: Bonnie Cash/UPI/Bloomberg ...
X @TechCrunch
TechCrunch· 2025-08-05 15:12
Trade Policy - The report indicates that Trump plans to announce tariffs on semiconductors and chips [1] Industry Impact - The tariffs could potentially impact the tech industry, particularly companies involved in semiconductor and chip manufacturing [1]