Trump's chip tariff threat takes aim at Apple's TSMC partnership Apple CEO Tim Cook [left] with Donald Trump [right] at a Mac Pro factory.
The Trump tariffs could financially hit Apple's chip production partnership with TSMC, after the President insisted the import taxes will be applied to semiconductors and other specific industries in the near future.
After mentioning applying tariffs on vehicles imported from Mexico, Trump mentioned the placement of "tariffs on foreign production of computer chips, semiconductors," and pharmaceuticals.
In a Monday speech at an Issues Conference at the Trump National Doral Resort in Miami, Florida, Trump discussed a range of topics, but spoke at length about tariffs.
During his re-election campaign, President Donald Trump pushed an agenda to bring more manufacturing to the United States via tariffs.