Open Demo Account
Home / Market Update / Commodities / Trump threatens 100% chips tariff, unless companies build in US

Trump threatens 100% chips tariff, unless companies build in US

Mohamed Abdelhamid 7 August, 2025 3:04 am Commodities, Forex Market, Market Update

US President Donald Trump said that he will impose a 100% tariff on imports that include semiconductors and chips, but not for companies that are building in the United States.

The announcement came after Apple Inc. CEO Tim Cook and the president announced a fresh $100 billion investment plan from the Oval Office.

Market reaction

At the time of writing, the US Dollar Index (DXY) is trading 0.03% lower on the day to trade at 98.20.

Check Also

Washington Stalemate Deepens: U.S. Government Shutdown Hits 17 Days With No End in Sight

The United States government shutdown entered its 17th day on Friday, making it the third-longest …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends