The president of the United States, Donald Trump, announced last Friday that throughout the next two weeks will announce new tariffs on steel and semiconductor imports. According to Reuters, Trump himself confirmed it to the journalists who were traveling aboard the air Force One when he took Trump to the meeting with the president of Russia, Vladimir Puting, held in Alaska.
According to the president’s plans, the rates that. It plans to impose will be lower in the early days, to allow companies to build facilities to manufacture semiconductors and steel in the United States, something that he sees feasible and possible that happens. Later he intends to raise them abruptly, so he will follow the same pattern he has used for the products of the pharmaceutical industry.
In his words, Trump will announce this week the tariffs to steel, and next to the semiconductors. For now it is unknown how far these tariffs could climb, although they speculate from Bloomberg, they could reach 300%.
Last February, Trump rose the tariffs to steel and aluminum up to 25%, and announced last May that he would bend that rate to 50% to give impulse to local manufacturers. But it was not clear if other tariff increases to these metals would have planned.
Last week Trump has already said that he would impose 100% tariffs on the export of semiconductorsbut that companies that committed to build facilities to manufacture them in the United States, or that they invested in their manufacture on American soil, would be exempt from them. He did it at the same time that Apple confirmed that it will invest additional 100,000 million dollars to what it already invests, in the United States. In this way you will not be subject to these tariffs.
