US President Donald Trump said on Friday (August 15, 2025) that he would also put tariffs on the import of steel and semiconductor in the coming 2-3 weeks. Trump’s statement has given sleep to semiconductor manufacturing companies. He said that initially rates will be kept low so that companies get time and opportunity for construction in the US. 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 companies would prefer to produce in America instead of facing high tariffs.
What is Trump’s plan?
Trump said that the main objective of his policy is to strengthen American domestic manufacturing. Giving examples, he said that the same process will be adopted on steel and chips as the tariff on medicines was reduced first and then extended. He also indicated that this policy could provide exemption to companies that would be committed to increasing production in the US.
What will be the impact of Trump’s decision on the world?
The policies of Donald Trump have already changed global trade equations. In February, he increased the tariff on steel and aluminum to 25%. In May, he announced to increase it to 50% to further boost domestic manufacturers. Now there are plans to impose 100% tariff on semiconductor chips. However, companies that are willing to invest in the US 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 encouraged to increase manufacturing in the US itself.
