Donald Trump has vowed to impose a 100 per cent tariff on semiconductor imports, but said companies such as Apple that invested in the US could avoid the new levies. The US president unveiled his new plan to tax chip imports at a meeting in the Oval Office on Wednesday with Apple’s chief executive Tim Cook,

The White House hailed Apple's plans for $100 billion in new U.S. manufacturing as proof that President Trump's tariff agenda is working.