FX.co ★ Trump Steps Up Tariff Pressure on Foreign Chipmakers

President Donald Trump has announced plans to impose tariffs on semiconductor imports from companies that do not move their production to the United States, as part of his technology strategy. Speaking on Thursday, Trump stated that tariffs would be applied to firms not relocating their operations to the U.S., describing the tariffs as "fairly substantial" but not excessively high. However, companies that are constructing or planning to build facilities in the U.S. will be exempt: "If they are coming in... there will not be a tariff." Since taking office again in January, Trump has frequently used tariff threats, causing tensions in global trade relationships and contributing to economic uncertainty. Tariffs are a key element of his foreign policy, intended to put pressure on international partners and alter supply chains. Just last month, he proposed a 100% tariff on chip imports, with exceptions for American manufacturers and those committed to domestic production.