President Trump is hinting that his upcoming tariffs on foreign chips could be double or triple the 100% rate he threatened to impose just one week ago. This morning, Trump spoke with reporters on Air Force One while en route to Alaska for a meeting with Russian President Vladimir Putin. He brought up the US economy, noting that the US has hundreds of factories all over the country, including AI factories. "They’re all coming in because they want to beat the tariffs," Trump said. “Because if they open here, they don’t have to pay tariffs. If they don’t open here, they have to pay, in some cases 200%, 300%. I haven’t even set some of the tariffs yet." Trump also mentioned his tariffs will start low before ramping up. “If they don’t build here, they have to pay a very high tariff, which doesn’t work. So they’ll come and build.” #tariffs #semiconducors #nvidia #trump #technews Like what you're reading? Don't miss out on our latest stories. Add PCMag as a preferred source on Google. ...