Apple exempt from 100% semiconductor tariffs, thanks to its $100B U.S. investment

Apple has secured an exemption from the Trump administration's 100% semiconductor import tariff, but it's not clear how much this will impact Apple's bottom line.Apple has received a tariff exemption, thanks to its $100B U.S. investment.Following an initial report and secondary confirmation early on August 6, Apple has revealed its plans to invest $100B in U.S. manufacturing efforts. While there are no new companies named, nor any efforts to move full device assembly to the US, the company's investment has earned it an exemption from Trump's tariffs on semiconductor imports.During the announcement, which also featured Apple CEO Tim Cook, President Trump outlined his plans for semiconductor import fees. While a 100% tariff will be put in place, exemptions will be made for companies like Apple, which make efforts to bring manufacturing back to the United States. Continue Reading on AppleInsider | Discuss on our Forums