Trump Announces Tariffs on Chips, Apple to Boost U.S. Investment

Former President Trump announced a plan to add a 100% tax, or tariff, on computer chips coming from other countries.

However, if companies make these chips in the United States, they won't have to pay the tax.

Apple also said it will invest more money in the U.S. The goal is to encourage companies to build chip factories in America and bring manufacturing back home.

This has led to some countries being worried, especially those who sell chips to the U.S.