Trump says new semiconductor tariff plan coming as soon as next week

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U.S. President Donald Trump speaks to reporters near Air Force One at the the Lehigh Valley International Airport on August 03, 2025 in Allentown, Pennsylvania.

Anna Moneymaker | Getty Images

President Donald Trump said Tuesday he will unveil new tariffs on semiconductors and chips as soon as next week.

“We’re going to be announcing on semiconductors and chips, which is a separate category, because we want them made in the United States,” Trump said during a lengthy interview on CNBC’s “Squawk Box.”

Trump said that that announcement would come “within the next week or so.”

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