Related News

These United States: On the record

While Thomas Edison’s cylinders were the first to play recorded sound, they were impractical – leading Emile Berliner to come up with a better way to play music: The gramophone,

Elon Musk’s SpaceX to launch Falcon 9 on February 2 from Vandenberg |

Elon Musk’s SpaceX to launch Falcon 9 on February 2 from Vandenberg SpaceX is preparing to launch a Falcon 9 rocket carrying 25 Starlink satellites to low Earth orbit from

How long does it take the sun to rotate on its axis |

The Sun turns, but not in the way a solid object would. It has no hard surface, no fixed edge to follow. What scientists describe as solar rotation comes from

How nature fills coconuts with fresh water before they even fall from the tree |

A coconut may seem like a simple tropical fruit, but it is actually a well-designed natural packaging. You will be surprised to know that the water inside a coconut is

NASA delays Artemis II wet dress rehearsal due to bad weather |

NASA delays Artemis II wet dress rehearsal due to bad weather (IANS) NASA has delayed a key prelaunch test for its Artemis II mission after bad weather affected conditions at

NASA’s Perseverance discovers white kaolinite rocks on Mars, revealing millions of years of rainfall and wet conditions |

Bright white rocks. Scattered across the rusty red plains of Mars. NASA’s Perseverance rover spotted them in Jezero crater which the scientists have been staring at them ever since. At

Trump vows 100% tariff on chips, unless companies are building in the U.S.

Word Count: 398 | Estimated Reading Time: 2 minutes

U.S. President Donald Trump speaks during an event with Apple CEO Tim Cook in the Oval Office of the White House on August 6, 2025 in Washington, DC.

Win Mcnamee | Getty Images

President Donald Trump said Wednesday he will impose a 100% tariff on imports of semiconductors and chips, but not for companies that are “building in the United States.”

The announcement of new sector-specific tariffs shows Trump ratcheting up his efforts to pressure businesses to manufacture their products in the U.S.

But specifics about the plan, such as how much U.S. manufacturing a company needs to do in order to qualify for the tariff exemption, were not immediately clear.

“We’re going to be putting a very large tariff on chips and semiconductors,” Trump said in the Oval Office on Wednesday afternoon.

“But the good news for companies like Apple is if you’re building in the United States or have committed to build, without question, committed to build in the United States, there will be no charge,” he said.

“So in other words, we’ll 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.”

Trump had previously signaled that the duties on chips and semiconductors, which have become key components in virtually every industry, could come as soon as next week.

The remarks came after Trump touted a commitment by Apple to invest another $100 billion in the U.S. over the next four years, on top of the $500 billion the tech giant has previously pledged.

Several top chipmakers, including Taiwan Semiconductor, Nvidia and GlobalFoundries, have already pledged to manufacture some of their products in the U.S.

They’re not alone: More than 130 projects in the U.S. totaling $600 billion dollars have been announced since 2020, according to the Semiconductor Industry Association.

TSMC, the world’s largest contract chip company, has pledged to invest a total of $165 billion in U.S. manufacturing.

Nvidia, the world’s most valuable company, said in April that it plans to spend $500 billion on AI infrastructure in the U.S. over the next four years.

GlobalFoundries pledged $16 billion in June to expand its semiconductor manufacturing at facilities in New York and Vermont.

Also in June, Texas Instruments announced a $60 billion boost to seven chip fabs in the U.S. The company counts Apple, Ford, Medtronic, Nvidia and SpaceX as customers.

Source link