Trump: New tariffs are on the way
reports
Accordingly, in a commercial war between the United States and China, Donald Trump announced in a post on social media that electronic products such as smartphones and computers, which were recently excluded from mutual tariffs, will soon be included in a new category of tariffs. He emphasized: We are thoroughly reviewing the semiconductors and the entire electronic supply chain in the form of national security research on tariffs.
White House on Friday had temporarily excluded some technology products, including smartphones and computers; The decision was welcomed by technology companies such as Apple and Dell.
However, Howard Luthenik will soon be targeted by separate Sunday. “There are specific tariffs for semiconductors, sensitive technology products, and drugs,” he said in an interview with ABC. These are issues that are related to national security and must be produced in the US.
He added that phones, computers and other electronics will also be subjected to new tariffs in the next one or two months, which are different from current mutual tariffs.
, however, China also increased tariff on importing American goods to 5 % in a retaliatory move. The Chinese Ministry of Commerce announced on Sunday that it is investigating the consequences of exemption from technology products from tariffs.
Trump follows the policies that the Wall Street market fluctuations last week have been the most severe amount of epidemic