Trump Says Semiconductor Tariffs Could Come Next Week

Trump also said he may implement levies on pharmaceutical imports as high as 250 percent.
Trump Says Semiconductor Tariffs Could Come Next Week
Semiconductor chips are seen on a circuit board of a computer, on Feb. 25, 2022. REUTERS/Florence Lo/Illustration/File Photo
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President Donald Trump said he will soon release details of new tariff plans for semiconductors and chips.

“We’re going to be announcing on semiconductors and chips, which is a separate category, because we want them made in the United States,” Trump said in an Aug. 5 interview with CNBC’s ”Squawk Box.”

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."