Trump: Semiconductor tariffs to be imposed soon, possibly as high as 300%

BLOCKBEATS 2025-08-1521:32

According to BlockBeats, on August 15, President Trump stated that he will

impose tariffs on semiconductors within the next two weeks, marking the latest

sign of his preparation to significantly expand the tariff system.

On Friday, while flying to Alaska for a summit with Russian President Putin,

Trump told reporters on Air Force One: "I will determine the tariffs on steel

and chips next week and the week after. What I mean is chips and semiconductors;

we will finalize it next week or sometime in the following weeks." It remains

unclear if Trump misspoke regarding steel tariffs. He had already raised

the import tariffs on steel and aluminum to 50% in June. The President has

repeatedly promised to impose tariffs on chips and pharmaceuticals within

weeks, but has yet to make an official announcement.

Additionally, Trump hinted that the tariffs on imported semiconductors might

be even higher, stating: "The rate I intend to set could be 200%, or perhaps