Trump Announces 100% Tariffs on Chips, Apple Pledges Millions in US Investments

Former U.S. President Donald Trump has announced his intention to impose 100% tariffs on microchips and semiconductors. This move coincides with Apple's announcement of a $100 billion investment in the United States to expand its operations.

Trump stated that the tariffs would be “good news for American companies that manufacture” these items. Apple plans to establish a supply chain for its chips in the U.S., aiming to produce over 19 billion chips for its products by 2025, across 24 factories in 12 states.

The U.S. government has collected significant revenue from tariffs imposed since April, reaching $100 billion, a threefold increase compared to the previous year. These revenues are used to cover government expenses and reduce the budget deficit.

However, the tariffs have led to price increases in certain products, such as appliances and consumer electronics, and many companies are warning of further increases in the future.