President Donald Trump plans to impose tariffs of “approximately 100%” on semiconductor imports, he said during a press briefing at the White House on Wednesday.
Trump did not provide details about when the tariffs would go into effect or when the White House would release official documentation and guidance.
The Trump administration is currently conducting a Section 232 investigation into semiconductor imports to assess their impact on national security and the domestic supply chain. Similar probes have led to sector-specific levies for steel, aluminum and copper.
On Tuesday, Trump said he would announce duties on semiconductors and pharmaceutical products “in the next week or so.” He indicated that pharmaceutical imports, which are also under Section 232 review, would face tariffs as high as 250%.
