Trump Imposes 100% Tariff on Chips from Non-U.S. Investing Firms, Jolting Asian Markets:

Former U.S. President Donald Trump announced a 100% import tariff on semiconductor products from companies that do not invest in the United States, causing a sharp decline in Asian semiconductor stocks on August 7, 2025. The announcement, made at the White House, preceded a broader tariff strategy targeting goods from multiple countries. Initially, semiconductors were exempt, but the revised policy directly targets non-U.S.-based chipmakers.