Trump Threatens 100% Chip Tariff, Offers US-Based Exemption | JQJO

President Trump announced a potential 100% tariff on imported chips and semiconductors. However, companies building or committing to build manufacturing facilities in the US will be exempt. This follows Apple's announcement of a $100 billion US manufacturing plan. The tariff's exact implementation date and scope remain unclear, with some suggesting it might target companies using chips rather than chip manufacturers themselves. Previous threats of chip tariffs have been retracted in the past.