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US President Donald Trump announced on Wednesday evening Eastern Time, that he would impose a 100% tariff on semiconductor imports, although there would be no tariffs that would be building or moving production back to the US.
However, more details on how or what will a company need to do to qualify for the exemption remains unclear.
Trump had announced last week that he will be putting a “very large tariff” on Chips and Semiconductors.
“But the good news for companies like Apple is if you’re building in the United States or have committed to…
