In a significant victory for Apple and its competitors, President Trump on Wednesday announced plans to impose tariffs of about 100% on all imports of semiconductors, but he also carved out exemptions for tech companies that pledge to manufacture in the United States.

Apple is investing another $100 billion to expand its operations in the United States, the company announced on Wednesday, as President Donald Trump said he would levy a large import tax on chips coming into the country.

The White House said the pledge would bring more of the company’s supply chain and advanced manufacturing to the United States.