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Trump Plans 100% Tariff on Chips With Carveout for Apple, Others (Full Remarks)

August 11, 2025
in AI & Technology
Reading Time: 1 min read
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Donald Trump said he would impose a 100% tariff on imports that include semiconductors, though would exempt companies moving production back to the United States, as Apple Inc. CEO Tim Cook and the president announced a fresh $100 billion investment plan from the Oval Office.
Trump then took questions from the press about trade, tariffs, inflation and Russia.
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