US President Donald Trump said on Friday (15 August 2025) that he would also put tariffs on the import of steel and semiconductor in the coming 2-3 weeks. This statement of Trump has made the companies making semiconders sleep. He said that initially rates will be kept low so that companies get time and opportunity to manufacture manufacturing in America. After this, tariffs will be increased.
Donald Trump has announced that tariffs will be imposed on imports of steel and semiconductor chips in the coming weeks. This step is being taken to promote domestic manufacturing. He says that instead of facing high fees, companies would prefer to produce in America itself.
What is Trump’s plan?
Trump said that the main objective of his policy is to strengthen American domestic manufacturing. He gave examples that just as the tariff on medicines was less and then more, similarly this process will be adopted on steel and chips. He also indicated that this policy can give exemption to companies that will be committed to increasing production in America.
What will affect the world with this decision of Trump?
The policies of Donald Trump have already changed global trade equations. In February, he had reduced the tariff on steel and aluminum to 25%. In May, he announced to increase it to 50% so that domestic manufacturers could get further boost. Now there is a preparation to apply 100% tariff on semiconductor chips. However, companies that will be willing to invest in America will be given relief from this.
Apple’s investment and Trump’s policy
Trump’s statement came at a time when Apple has announced an additional investment of $ 100 billion in the US. This step is in line with the strategy of the US government, under which large tech companies are being motivated to increase manufacturing in the US itself.
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