Trump says US to levy 100% tariff on imported chips but some firms exempt
President Trump’s Radical Trade Policy Announcement on August 6, 2025 US to levy 100% tariff on imported chips—President Trump, on August 6th, 2025, unveiled a radical trade policy announcing a 100% tariff on imported chips and semiconductors from countries that either lack domestic production or do not actively support American manufacturing. This unprecedented move is…