Trump Says New Tariffs Will Target Semiconductors, Steel, and Pharma

Speaking at the House Republican retreat, Trump urged GOP members to stick together.
Trump Says New Tariffs Will Target Semiconductors, Steel, and Pharma
US President Donald Trump delivers remarks alongside Speaker of the House Mike Johnson (L) at the House Republican Members Conference Dinner at Trump National Doral Miami, in Miami, Florida on Jan. 27, 2025. Photo by Mandel NGAN / AFP
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DORAL, Fla.— President Donald Trump delivered a speech at the House Republican retreat on Jan. 27 at his Doral golf resort in Florida. During his speech, Trump laid out his tariff proposals, identifying the industries they will target.

“In the very near future, we’re going to be placing tariffs on foreign production of computer chips, semiconductors, and pharmaceuticals,” Trump said.

Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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