President Trump said Sunday that he would be announcing tariffs on semiconductors soon, though he suggested there could be exceptions for certain products.

“The tariffs will be in place in the not distant future. Because, as you know, like we did with steel, like we did with automobiles, like we did with aluminum, which are now fully on, we'll be doing that with semiconductors, with chips and numerous other things,” Trump told reporters aboard Air Force One.

“And that'll take place in the very near future.”

The goal, Trump said, is to incentivize companies to make their products in the United States. But experts have warned that could be........

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