U.S. President Donald Trump said on Thursday that Taiwan had taken semiconductor chip business away from the United States and that he wanted it back.

Trump told House Republicans the U.S. would eventually impose tariffs of 25%, 50%, or even 100% on chip imports to incentivize domestic semiconductor manufacturing. Be

Metallus praised Trump's recent 25% tariff on steel and aluminum. Regional manufacturers say their operations shouldn't be majorly impacted.

U.S. President Donald Trump says trade wars are easy to win. If so, his 25% tariffs on steel and aluminium imports ought to have big overseas producers like Rio Tinto , begging for mercy. Yet shareholders in the $107 billion miner and rivals like BHP have already shrugged off concerns.