'Not that high': Donald Trump vows 'fairly substantial' chip tariffs soon; tech industry braces for impact

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US President Donald Trump speaks during a dinner in the State Dinning Room of the White House. (Pic credit: AP)

US President Donald Trump on Thursday announced that United States will impose a "fairly substantial tariff" on computer chips coming into the country, during a White House dinner with tech industry executives.

"We will be putting a tariff very shortly," Trump said at the White House, adding, "Not that high, but fairly substantial tariff."

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