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 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. (06:02–06:09)
CLAIM
Asserts that the U.S. will control 50% of the chip industry by the end of his term.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
