President Donald Trump said Wednesday afternoon during an Oval Office event that he would be imposing 100% tariff rates on all computer chips and semiconductors imported into the U.S. The president added that all such products developed in the U.

Donald Trump isn’t letting up on his quest to remake global trade in America’s favor. The US president said he’d impose increased tariffs on countries buying energy from Russia while clarifying that levies on semiconductor and pharmaceutical imports would be announced “within the next week or so.