Trump warns that he will soon announce ‘fairly substantial’ chip tariffs — chip companies investing in the US will be spared the brunt of the tariffs

President Trump has announced plans to impose a "fairly substantial" tariff on imported semiconductors, with companies investing in US chip production being spared from the tariffs. The exact rates and timing of the tariffs have not been disclosed. This move comes as part of broader export control measures tightening around China, affecting companies like Samsung, SK hynix, and TSMC. The impact of these tariffs on consumer electronics prices could be significant, potentially raising prices for laptops, tablets, monitors, and game consoles. Details are pending on the implementation and scope of the tariffs.