Trump Planning Semiconductor Tariffs That Will Impact Apple, No One 'Getting Off the Hook'

Apple initially received an exemption from existing tariffs on its devices imported into the U.S. However, former President Trump has stated that this exemption will not stand. He clarified that Apple and other tech companies are simply being moved to a different tariff category. The "Fentanyl Tariffs," which amount to 20 percent, are still in effect. Further tariffs are anticipated, particularly targeting semiconductors and the electronics supply chain. Trump's administration will review the semiconductor industry as part of National Security Tariff Investigations. He emphasized the need for domestic production of electronic goods. The forthcoming semiconductor tariffs are likely to impact companies like Nvidia and Apple's products. Trump is expected to formally announce the new semiconductor tariff measures shortly. This shift could significantly affect the cost of Apple devices and other electronics.