Trump says he will set tariffs on steel and semiconductor chips in coming weeks


FILE PHOTO: Steel rolls from China are seen after being unloaded at the Valparaiso port, Chile July 10, 2025. REUTERS/Rodrigo Garrido/File Photo

ABOARD AIR FORCE ONE (Reuters) -U.S. President Donald Trump said on Friday he would announce tariffs on imports of steel and semiconductor chips in coming weeks.

"I'll be setting tariffs next week and the week after on steel and on, I would say, chips," Trump told reporters aboard Air Force One as he headed to a meeting with Russian President Vladimir Putin in Alaska.

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