Trump has apparently backtracked on tariff exceptions for Chinese electrical goods like PCs, but the details of a new « semiconductor tariff » are unclear.
US president Donald Trump has effectively backtracked on the tariff exemptions announced last Friday which indicated that some electronics, like PCs, would escape the country’s 145 percent levy on Chinese goods.
Writing on social media last night, Trump said that « NOBODY is getting ‘off the hook' » and that « there was no Tariff ‘exception’ announced on Friday » (thanks, BBC News).
Chinese electrical goods would simply now be placed in « a different tariff bucket », Trump continued, concluding that National Security Tarriff Investigations would be reviewing « the WHOLE ELECTRONICS SUPPLY CHAIN ».
US commerce secretary Howard Lutnick has that a separate « semiconductor tariff » was now planned – exact details of which are yet to be determined.
