Analysis

August 15, 2025
President Trump intends to set additional steel tariffs
Written by Kristen DiLandro
US President Donald Trump stated that he would be setting more steel tariffs and putting ~100% tariffs on semiconductors and chips. The president made remarks to reporters as he boarded Air Force One on Friday,
President Trump stated that his tariffs are intended to drive domestic reshoring and encourage foreign producers to make products in the US. Trump told reporters that his current policies are driving growth here in the US.

