President Donald Trump has announced plans to impose tariffs on semiconductors, oil, and gas imports if he returns to office. The proposed tariffs, which could range from 20% to 30%, are part of Trump’s broader “America First” trade policy aimed at boosting domestic production and reducing reliance on foreign suppliers.

The announcement has sparked mixed reactions. Supporters argue that the tariffs will protect American industries and create jobs, while critics warn of potential price increases for consumers and strained international trade relations. The semiconductor industry, in particular, has expressed concern, as the U.S. relies heavily on imports for critical components.

A Trump spokesperson stated, “These tariffs are necessary to ensure our energy independence and technological sovereignty. We cannot allow other nations to control our supply chains.”