President Donald Trump said he would set levies on semiconductors in the coming two weeks, the latest indication that he's readying a substantial expansion of his tariff regime.
"I'll be setting tariffs next week and the week after, on steel and on, I would, say chips -- chips and semiconductors, we'll be setting sometime next week, week after," Trump told reporters Friday aboard Air Force One en route to Alaska for a summit with Russian President Vladimir Putin.
It wasn't clear if Trump misspoke about steel tariffs. He already hiked duties on steel and aluminum imports to 50% in June.
The president has repeatedly promised that levies on chips and pharmaceuticals are coming within weeks, but no formal announcements have yet been made.
Both sectors have been under Commerce Department in