Trump says he will impose 100 percent tariff on semiconductors
'We're going to be putting a very large tariff on chips and semiconductors,' Trump said alongside Apple CEO Tim Cook.
'But the good news, for companies like Apple, is if you're building in the United States or have committed to build in the United States, there will be no charge,' Trump added.
Trump has already imposed tariffs on automobiles, copper, steel and aluminum. He has also threatened a sizable tariff on pharmaceutical imports.
Experts have warned that tariffs on imports will make it more difficult for Americans to acquire those products, as it will take time to re-shore supply chains.
The Trump administration earlier this year launched an investigation into the effects on national security of importing semiconductor technology, essentially laying the groundwork for potential tariffs.
Semiconductors power numerous products, including cars, smartphones, computers and more.
Congress in 2022 passed the CHIPS and Science Act to incentivize companies to manufacture semiconductor chips in the United States. Trump has been critical of the law, and he has argued tariffs can be a tool to force companies to move their facilities to the United States.
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Yahoo
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HOME PRICE GROWTH IN OPPORTUNITY ZONES SLIGHTLY BEHIND REST OF NATION IN SECOND QUARTER
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That was a smaller share than the rest of the country: Home values rose in 56 percent of census tracts outside of Opportunity Zones. Shop Top Mortgage Rates Your Path to Homeownership A quicker path to financial freedom Personalized rates in minutes As the country as a whole saw record-high home prices in the second quarter of 2025, about 8.4 percent of Opportunity Zones experienced their highest median prices since at least 2008. And 39 percent of Opportunity Zones with sufficient data to analyze saw median property values rise by 10 percent or more annually. However, price growth was slowest in Opportunity Zones that had the lowest median home sales prices while prices rose in similar shares of Opportunity Zone census tracts in the mid- and high-priced zones. "Home values in most Opportunity Zones continue to move in step with the broader market—a pattern we've tracked since we began studying this segment," said Rob Barber, CEO of ATTOM. "Drill down, though, and volatility persists, especially in the lowest-priced neighborhoods. Limited inventory nationwide is still driving prices higher and nudging marginal buyers toward areas with deeper economic challenges." Barber added, "Even with that upward pressure, a significant share of Opportunity Zone markets are trailing the nation in year-over-year price gains, reminding us that the recovery remains uneven and that some communities have a longer road ahead." Opportunity Zones are defined in the Tax Act legislation as census tracts in or alongside low-income neighborhoods that meet various criteria for redevelopment in all 50 states, the District of Columbia and U.S. territories. Census tracts, as defined by the U.S. Census Bureau, cover areas that have 1,200 to 8,000 residents, with an average of about 4,000 people. While the gap between census tracts in and outside of Opportunity zones is relatively modest when it comes to how likely they were to experience price growth in the second quarter of 2025, the actual sticker prices of homes in these areas still tends to be much lower. In the second quarter, 79.9 percent of Opportunity Zone census tracts posted median home prices below the national median of $369,000. About half of Opportunity Zone census tracts (49.6 percent) had median home prices under $225,000. Considerable price volatility also continued inside Opportunity Zones. The median home price rose or fell by more than 5 percent year-over-year in 73 percent of the Opportunity Zone census tracts in ATTOM's analysis. That likely reflected small numbers of sales in many zones. 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Report methodologyThe ATTOM Opportunity Zones analysis is based on home sales price data derived from recorded sales deeds. Statistics for previous quarters are revised when each new report is issued as more deed data becomes available. ATTOM's analysis compared median home prices in census tracts designated as Opportunity Zones by the Internal Revenue Service. Except where noted, tracts were used for the analysis if they had at least five sales in the second quarter of 2025. Median household income data for tracts and counties comes from surveys taken by the U.S. Census Bureau ( from 2019 through 2023. The list of designated Qualified Opportunity Zones is located at U.S. Department of the Treasury. Regions are based on designations by the Census Bureau. Hawaii and Alaska, which the bureau designates as part of the Pacific region, were included in the West region for this report. About ATTOMATTOM powers innovation across industries with premium property data and analytics covering 158 million U.S. properties—99% of the population. Our multi-sourced real estate data includes property tax, deed, mortgage, foreclosure, environmental risk, natural hazard, neighborhood and geospatial boundary information, all validated through a rigorous 20-step process and linked by a unique ATTOM ID. From flexible delivery solutions—such as Property Data APIs, Bulk File Licenses, Cloud Delivery, Real Estate Market Trends—to AI-Ready datasets, ATTOM fuels smarter decision-making across industries including real estate, mortgage, insurance, government, and more. Media Contact:Megan Data and Report Licensing:949.502.8313datareports@ View original content to download multimedia: SOURCE ATTOM Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19 minutes ago
- Yahoo
Trump's planned 100% computer chip tariff sparks confusion among businesses and trading partners
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Yahoo
19 minutes ago
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Nvidia, chip stocks jump after Trump says some chipmakers exempt from 100% semiconductor tariff
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