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Lutnick said Trump would enact "a special focus-type of tariff " on smartphones, computers and other electronics products in a month or two, alongside sectoral tariffs targeting semiconductors and ... The chip industry’s main trade group, the Semiconductor Industry Association, declined to comment on Trump ’s latest tariffs . Chip stocks rose on Thursday, the day after President Donald Trump said companies that commit to manufacturing in the U.S. will be exempt from 100% semiconductor tariffs . President Donald Trump said late Tuesday that new tariffs on semiconductors could be coming soon. Wedbush analysts said his stance could soften.