Apple CEO Tim Cook recently visited the White House, and after committing an additional $100 billion in US investment, Donald Trump held a press conference where he announced an addendum to his new tariff plan.
Last week, Trump announced a whole new set of tariffs, with the likes of Taiwan receiving a 20% tax on its exports, but semiconductors were left in the dark, but no longer. In the conference, Trump states, "A lot of countries, a lot of companies are leaving various other places and they're coming to the United States." He continues, "So, in other words, we'll be putting a tariff of approximately 100% on chips and semiconductors"
