WASHINGTON, Jan. 28 -- President Donald Trump said yesterday that the United States will soon place tariffs on foreign-made semiconductor chips, pharmaceuticals and metals such as steel.
Speaking at a Republican congressional retreat in Miami, Trump said the levies could take place in the "very near future," so as to "return production of these essential goods to the United States of America."
"If you want to stop paying the taxes or the tariffs, you have to build your plant right here in America," he added.
Tariffs are a key part of Trump's economic agenda.
During his first administration, he ordered sweeping tariffs on imported steel and aluminum, targeting allies like Canada, Mexico and the European Union.
But these led to retaliato...