Trump Announces 100% Tariff on Chip Imports

US President Donald Trump announced a 100% tariff on imported chips and semiconductors, but manufacturing companies in the United States will be exempt from this tax. In a press conference, Trump highlighted Apple’s $600 billion investment in the US, calling it the largest investment Apple has ever made. Trump emphasized that companies returning to the US for manufacturing would benefit from tax exemptions, while those that promised but failed to invest in US facilities would face retroactive taxes. Trump also discussed the ongoing investigation into the shooting at Fort Stewart military base in Georgia, stating that the nation is praying for the victims.