AP
Trump says he plans to put a 100% tariff on computer chips, likely increasing costs of electronics
The president said Wednesday that he will impose a 100% tariff on computer chips, likely raising the cost of electronics, autos, household appliances and other goods deemed essential for the digital age. Trump said companies that make computer chips in the U.S. would be spared the import tax.
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Just after midnight, goods from more than 60 countries, including the European Union, Japan and South Korea, became subject to tariff rates of 10% or higher.Â
