Trump’s 100% Chip Tariff Sparks Market Gains, Apple Soars
Trump’s 100% Chip Tariff Sparks Market Gains, Apple Soars U.S. stock futures advanced early Thursday as investors absorbed President Donald Trump’s late-Wednesday announcement of a sweeping 100% tariff on imported semiconductors and chips. The move, aimed at incentivizing domestic manufacturing, immediately impacted market sentiment, with tech giant Apple seeing a significant surge. The new tariff, revealed from the Oval Office, includes a crucial exemption: companies committed to or actively building manufacturing facilities within the United States will not be subjected…