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Tom’s Hardware
Tom’s Hardware
Technology
Anton Shilov

Trump mulls a 300% tariff on chips — levies coming within two weeks as Section 232 investigation nears completion

Donald Trump centred, looking pleased.

U.S. President Donald Trump plans to introduce steep new trade duties on steel, semiconductors, and possibly pharmaceuticals within the next two weeks. What could bewilder the high-tech industry is that Trump is mulling up to 300% tariffs on semiconductors, according to Bloomberg. 

"I am going to have a rate that is going to be 200%, 300%," said Trump while talking to journalists onboard of the Air Force One, according to Bloomberg. 

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