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August 16, 2025
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Trump will set steel tariffs and chips next week

EU will raise 50,000 million pesos per month for tariffs, who will pay the consequences?

As he said, tariffs will be lower at the beginning to allow companies start national manufacturing In the United States, and then increase them abruptly later, following a pattern that has also outlined for pharmaceutical products. He did not give exact figures.

“I will have a tariff that will be lower at the beginning – which gives them the opportunity to come and build – and very high after a certain period of time,” he said, showing their confidence that companies choose to manufacture in the United States instead of facing high tariffs.

Trump has puts world -world legs by imposing much higher tariffs on exports from almost all countries to the United States, along with levies on specific sectors, such as the car.

In February, Trump raised tariffs on steel and aluminum to 25% fixed, but in May he announced that he would double the 50% rate to boost national manufacturers.

It was not clear immediately if another rise of tariffs to metals is coming.

Trump said last week that he will impose a tariff of the 100% to semiconductor imports but that companies that commit to increasing manufacturing in the United States would be exempt.



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