Trump Says Semiconductor Tariffs Could Come Next Week

Trump also said he may implement levies on pharmaceutical imports as high as 250 percent.

Semiconductor chips on a circuit board of a computer on Feb. 25, 2022. Florence Lo/Illustration/Reuters

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.”