Trump also said he may implement levies on pharmaceutical imports as high as 250 percent.
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 has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”
