‘Fairly substantial tariffs’: Trump warns chipmakers, spares Apple, says ‘Tim Cook safe’
President Donald Trump has warned of ‘fairly substantial’ tariffs on semiconductor imports from companies that refuse to shift production to the US. Speaking at a White House dinner with tech leaders including Apple’s Tim Cook and Meta’s Mark Zuckerberg, Trump said firms investing domestically would be spared. Apple, which pledged $100 billion in US manufacturing, would avoid levies. The move underscores Trump’s push to strengthen supply chains and reduce reliance on foreign chipmakers.
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