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US President Donald Trump has confirmed that Washington will soon impose new tariffs on computer chips entering the country, describing the move as “fairly substantial”.
Speaking at a White House dinner with senior figures from the technology sector on Thursday, Trump said the duties would be introduced in the near future.
“We will be putting a tariff very shortly,” he remarked, while stressing that the rate would not be excessively high but “substantial enough”.
(This is a developing story; check for more updates later)