Trump Announces Imminent Tariffs on Semiconductors and Steel

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Aug 15 2025

Trump's Tariff Announcement: President Trump plans to impose new tariffs on semiconductors and steel, potentially reaching 300%, which may significantly impact global supply chains and the tech sector during his trip to Alaska.
Market Reactions and Cryptocurrency Insights: The announcement is expected to create market volatility, particularly in the cryptocurrency sector, as historical trends show increased fluctuations during trade tensions, with Ethereum experiencing a recent price decline amidst these developments.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Trump Announces Imminent Tariffs on Semiconductors and Steel

About the author

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