Trump threatens 100 percent tariff on computer chips with a gigantic loophole

Here is a 194-word summary of the key points from the article: President Trump has threatened to impose a 100% tariff on imported computer chips and semiconductors, but he's included a huge loophole. Companies that are building or have committed to build manufacturing facilities in the U.S. will be exempt from the tariff, even if they aren't yet producing chips domestically. Trump cited Apple as an example, noting the company's recent $100 billion investment in U.S. manufacturing. He said there will be "no charge" for companies like Apple that are building in America, even if they aren't yet producing. The specifics of the proposed tariff remain unclear. It's uncertain which companies or products it would actually apply to, as most major chipmakers already have some U.S. manufacturing presence. The tariff could potentially target products that use imported chips, rather than the chips themselves. Additionally, Trump has threatened chip tariffs before without following through. It's possible this latest threat may not materialize. The president did not provide a timeline for when any new chip tariffs might take effect.
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