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Donald Trump: “We would have, I think, 50% of the chip industry by the time…”

Featuring: Donald Trump, Republican | President of the United States | National

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Trump meets with emir of Qatar during G7 summit in France

Published | Video Starts at 04:42

They have to pay tariffs of upwards of 200%. They don't have to pay anything for a little while, but if they don't get their plant built, then we're going to. We would have, I think, 50% of the chip industry by the time I leave office. So maybe more. They're building, mostly coming out of Taiwan, but they're building and a lot of them for whatever reason in Arizona, Arizona, Texas, but we'll have 50%, maybe more than that of the chip industry. (04:42–04:48)

CLAIM

Asserts that the U.S. will have 50% of the chip industry.

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