What chips will face Trump's 100% tariff?

It is not entirely clear.

Trump suggested that anyone with a plan to build in the United States may not face any tariffs in the White House Wednesday.

"So 100% tariff on all chips and semiconductors coming into the United States. But if you've made a commitment to build (in the U.S.), or if you're in the process of building (in the U.S.), as many are, there is no tariff," Trump said.

Congress created a $52.7 billion semiconductor manufacturing and research subsidy program in 2022 with the "Chips and Science Act."

The Commerce Department under President Joe Biden convinced all five leading-edge semiconductor firms to locate chip factories in the U.S. as part of the program, and dispersed billions in subsidies.

In 2024, the Commerce Department said the U.S. produced about 12% of semiconductor chips globally, down from 40% in 1990.