Trump announces 100% tariff on semiconductors made outside the US in potential blow to domestic businesses 

Steven Nelson / NEW YORK POST 

 

“We’ll be putting a tariff, approximately 100%, on chips and semiconductors,” Trump said at an Oval Office event with Apple CEO Tim Cook, who arrived to announce plans for $600 billion in new investments in the US.

Trump said he would exempt companies that have plans to transition their manufacturing to the US — a hint that the world’s largest chip manufacturer, Taiwan’s TSMC, which is building massive manufacturing plants in Arizona, would be spared.

 “If you’re building in the United States of America, there’s no charge, even though you’re building and you’re not producing yet in terms of the big numbers of jobs and all of the things that you’re building. If you’re building there will be no charge,” Trump said.

“So 100% tariff on all chips and semiconductors coming into the United States. But if you’ve made a commitment to build, or if you’re in the process of building, as many are, there is no tariff.”  Read more here. 

Ghislaine Maxwell Just Popped the Dems' Bubble on Trump and the Epstein Files

Matt Vespa / Townhall Tipsheet 

 

Sorry, Democrats, Ghislaine Maxwell, the right-hand woman to dead New York financier Jeffrey Epstein, didn’t give much on Trump. In fact, she said the president never did anything that would warrant concern (via ABC News): 

"During her nine hours speaking with Deputy Attorney General Todd Blanche last month, Ghislaine Maxwell said nothing during the interview that would be harmful to President Donald Trump, telling Blanche that Trump had never done anything in her presence that would have caused concern, according to sources familiar with what Maxwell said.

The Trump administration, meanwhile, is considering publicly releasing the transcripts from the interview, multiple sources familiar with the internal discussions told ABC News." 

Maxwell's meetings with Blanche took place for nine hours over two days. 

She’s gunning for a potential pardon, and the Supreme Court is weighing an appeal of her case, where she was given a 20-year sentence for numerous sex crimes, including trafficking minors. Democrats will likely recycle all of these things to dismiss her testimony. Read more and see X here.