If you are Donald Trump, how do you acknowledge Martin Luther King Jr.? You can’t very well issue a celebratory proclamation, since Dr. King was the epitome of diversity, equity, and inclusion.

Tech stocks plunged yesterday after President Donald Trump announced in a “proclamation” that he was imposing a new 25% tariff on imports of computer chips from foreign countries. Every single one of the Magnificent Seven tech stocks was down by the closing bell yesterday.

SUPPORTING AMERICA’S SEMICONDUCTOR INDUSTRY: Today, President Donald J. Trump signed a Proclamation invoking Section 232 of the Trade Expansion Act of 1962 (Act) to address national security concerns with respect to imports of semiconductors, semiconductor manufacturing equipment, and their derivative products.