Trump intends to impose full tariffs on semiconductor imports.

President Trump announced plans to impose tariffs of nearly 100% on semiconductor imports, although he did not specify when these would take effect. This move is part of an ongoing Section 232 investigation into the national security implications of semiconductor imports, which could lead to additional tariffs on other sectors such as pharmaceuticals, potentially reaching 250%. Amid this, Apple CEO Tim Cook pledged a $100 billion investment in U.S. manufacturing, complementing significant investments from companies like Taiwan Semiconductor Manufacturing Company and Nvidia.