Washington, Aug. 7 -- U.S. President Donald Trump said Wednesday that he plans to impose a 100 percent tariff on imported semiconductors.
"We'll be putting a tariff of approximately 100 per cent on chips and semiconductors. But if you're building in the United States of America, there's no charge," he told reporters at the White House.
Together with Apple's Chief Executive Tim Cook, he also announced that Apple plans to invest an additional 100 billion U.S. dollars in the United States.
In a press release, Apple said the new commitment is a significant acceleration of its U.S. investment that now totals 600 billion dollars over the next four years.
Apple also announced the American Manufacturing Program, through which it will increa...