Former President Donald Trump has pledged to impose a 100% tariff on imported semiconductors and chips if elected, with an exception for companies actively manufacturing these components within the United States. The proposal aims to incentivize domestic chip production and reduce reliance on foreign suppliers. The potential impact on the global semiconductor market and the US economy is significant, raising concerns about increased costs for consumers and businesses that rely on these components. Trump's statement underscores his focus on bringing manufacturing back to the US and strengthening domestic industries.