India, Aug. 7 -- The major U.S. index futures are currently pointing to a higher open on Thursday, with stocks likely to add to the strong gains posted in the previous session.
The upward momentum on Wall Street comes after President Donald Trump announced a 100 percent tariff on imports of semiconductors and chips but said companies that are "building in the United States" would be exempt.
"The good news for companies like Apple is if you're building in the United States or have committed to build, without question, committed to build in the United States, there will be no charge," Trump said.
"So in other words, we'll be putting a tariff on of approximately 100 percent on chips and semiconductors," he added. "But if you're building in ...