
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.