Tariff on chips soon: Donald Trump readies ‘special focus’ levy on tech tools

US President Donald Trump on Sunday said he would be announcing the tariff rate on imported semiconductors over the next week, which means the earlier exclusion of smartphones and computers from his reciprocal tariffs on China will be short-lived.

“We wanted to uncomplicate it from a lot of other companies, because we want to make our chips and semiconductors and other things in our country,” Trump told reporters aboard Air Force One as he travelled back to Washington from his estate in West Palm Beach.