On August 6, 2024, Trump promised: “We’ll be putting a tariff of approximately 100% on chips and semiconductors ... But if you’re building in the United States of America, there’s no charge.”
As you can guess, the sweeping 100% on computer chips has yet to go into effect. When announcing his plans to impose the levy back in August, Trump was not specific about the timing. And other details have remained scarce.
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