President Donald Trump said on April 13 that he would announce a new nonnegotiable tariff rate for imported semiconductors within the next week.
Trump, speaking to reporters aboard Air Force One while returning to Washington from his home in Palm Beach, Florida, said: “Like we did with steel, like we did with automobiles, like we did with aluminum, which are now fully on, we'll be doing that with semiconductors, with chips and numerous other things. And that will take place in the very near future.