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Benzinga
Benzinga
Business
Chandrima Sanyal

Trump Drops 100% Tariff Shocker On Semiconductors: These ETFs Are Dodging It

Semiconductor ETF Donald Trump United States Apple
Small,Semiconductor,On,A,Circuit,Board.,Extreme,Closeup,Of,A

In a step that shook tech supply chains and the semiconductor industry, President Donald Trump stated that his administration would slap a 100% tariff on all foreign-made semiconductors, unless companies pledge to construct fabs in the U.S.

The news was made at a press conference in the Oval Office with Apple Inc (NASDAQ:AAPL) CEO Tim Cook, who vowed an extra $100 billion of domestic research and manufacturing spending.

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