Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
WASHINGTON, Aug. 7 (Xinhua) — U.S. President Donald Trump said on Wednesday he plans to impose 100 percent tariffs on imported semiconductors.
"We will impose tariffs of approximately 100 percent on chips and semiconductors. But if you build in the United States of America, you will not have to pay," he told reporters at the White House.
Along with Apple CEO Tim Cook, the American president also announced that Apple plans to invest an additional $100 billion in the United States.
Apple said in a press release that the new commitment will significantly increase its investment in the U.S., which will total $600 billion over the next four years.
Apple also announced the American Manufacturing Program, which will increase its investments across America and encourage global companies to manufacture even more critical components in the United States.
It's Apple's latest pledge to bring more of its supply chain and advanced manufacturing back to the United States and avoid tariffs on its iPhones, local media reported on Wednesday.
In May, Trump threatened Apple and other phone makers with a 25 percent tariff on products made outside the United States. –0–
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