Trump said he will impose tariffs on chip companies that do not have factories in the United States.

On September 4th local time, U.S. President Trump announced that the U.S. government will impose tariffs on imported products from semiconductor companies that have not moved their production to the U.S. He emphasized that companies can be exempt from tariffs if they invest in the U.S. or have plans to build factories there. Trump stated that the tariff rate will be "quite significant, but not too high," and specifically mentioned Apple CEO Tim Cook as "good," because Apple has committed to investing $60 billion in the U.S. over the next four years. Prior to this, TSMC, Samsung, and SK Hynix have all announced plans to build factories in the U.S. Trump has been using tariffs to put pressure and creating uncertainty in the global market. On August 6th, Trump had claimed that the U.S. will impose a 100% tariff on imported semiconductor products, which will apply to "all chips and semiconductors entering the U.S.," but will not apply to companies that have already committed or initiated processes to manufacture related products in the U.S. Currently, his tariff policy is facing legal challenges, and the government is seeking the intervention of the Supreme Court.