It was a long week for economic data and some of it showed that tariffs are beginning to hit consumers harder. And today the president teased that tariffs on semiconductors that could be set as soon as next week. Those tariffs could be between two and 300%.Well, as much as economic data we got all week, I have been waiting all week to talk to this guy, my friend Justin Wolfers. He is a professor of economics and public policy at the University of Michigan. I want to talk about everything, but let's start sp ...

President Donald Trump said he would set levies on semiconductors in the coming two weeks, the latest indication he’s readying a substantial expansion of his tariff regime https://t.co/I4lvbRy2aw ...

Trump’s move to extract a 15% sales tax from Nvidia on certain semiconductors sold in China did nothing to damp investor enthusiasm for the world’s most valuable company https://t.co/sGYRJ2IVno ...

will be putting a tariff on of approximately 100% on chips and semiconductors. But if you're building in the United States of America, there's no charge. Even though you're building uh and you're not producing yet in terms of the big numbers of jobs and all of the things that you're building, uh if you're building, there will be no charge.This is a significant step toward the ultimate goal of ensuring that iPhones sold in the United States of America also are made in America with the mass infusion of capita ...

You know what it's like to be in the Oval Office when the chiefs of corporate America come to town. And the president has made a habit of this. Now, in this case, corralling Tim Cook, he had several others for unrelated events in the Oval Office to talk about this grand domestic investment.Is this something that Republicans and Democrats can see eye to eye on. Oh, absolutely. The CHIPS Act passed last year, in the year before with bipartisan support.You know, growing our chips and our aid capability is a no ...

Core Points - Apple will invest an additional $100 billion in the United States, raising its total commitment to $600 billion over the next four years [3][4] - This investment includes a significant increase in spending on the domestic supply chain, with a new production facility for iPhone screen glass in Kentucky [3][4] - Apple previously announced plans to invest $430 billion and create 20,000 jobs in the U.S. [4] Investment Details - The new investment builds on Apple's earlier commitment of over $500 billion and the creation of 20,000 jobs, which was announced in February [4] - In 2021, Apple had already pledged to invest $430 billion in the U.S. [4] - Apple is on track to have American manufacturers produce 19 billion chips across 24 factories in 12 states this year [4] Manufacturing and Tariffs - President Trump emphasized the importance of bringing manufacturing back to the U.S., stating that iPhones sold in the U.S. should also be made domestically [5] - While many components will be manufactured in the U.S., complete assembly of iPhones will still occur overseas [5] - Trump plans to impose a "100%" tariff on imported semiconductors, but TSMC will be exempt due to its U.S. factories [8] Future Plans - Apple will assist in developing and manufacturing semiconductors and semiconductor equipment in Texas, Utah, Arizona, and New York [9] - The company reported a quarterly profit of $23.4 billion, exceeding forecasts despite facing higher costs from tariffs [9]

will be putting a tariff on of approximately 100% on chips and semiconductors. But if you're building in the United States of America, there's no charge. Even though you're building uh and you're not producing yet in terms of the big numbers of jobs and all of the things that you're building, uh if you're building, there will be no charge.So, I just want everyone to know that. an 100% tariff on all chips and semiconductors coming into the United States. But if you've made a commitment to build or if you're ...

Donald Trump said he would impose a 100% tariff on imports that include semiconductors, but would exempt companies moving production back to the US https://t.co/qiWbW5GnMi https://t.co/zvcXkKfBkm ...

We're going to be putting a very large uh tariff on chips and semiconductors. We'll be putting a tariff on of approximately 100% on chips and semiconductors. But the good news for companies like Apple is if you're building in the United States, there will be no charge. ...

Trump says he will impose a 100% tariff on imports that include semiconductors, though would exempt companies moving production back to the US, as Apple announced a fresh $100 billion investment plan https://t.co/ZmU5acGAnE ...