Trump says will announce semiconductor tariffs over next week


FILE PHOTO: Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration/File Photo

ABOARD AIR FORCE ONE (Reuters) - U.S. President Donald Trump on Sunday said he would be announcing the tariff rate on imported semiconductors over the next week, adding that there would be flexibility on some companies in the sector.

Trump spoke with reporters aboard Air Force One as he traveled back to Washington from his estate in West Palm Beach.

(Reporting by Jeff Mason, Writing by Andrea Shalal; Editing by Christian Schmollinger)

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