Trump plans new tariffs on electronics, clarifies exemptions

President Donald Trump has indicated that there will be no exemptions for smartphones and computers from tariffs, stating that these products will simply be categorized differently under upcoming semiconductor tariffs. Despite a recent reprieve from 125% tariffs on certain electronics, Trump emphasized that 'nobody is getting off the hook' and that the administration is reviewing the entire electronics supply chain for potential national security tariffs. He is expected to announce specific tariff rates soon, and there may be room for negotiation with companies regarding the details of these tariffs. This situation reflects ongoing tensions in US-China trade relations, with China's countermeasures intensifying the conflict. Meanwhile, the market has seen fluctuations as the implications of these tariffs unfold. The confusion surrounding the exemptions has raised concerns among manufacturers and investors alike.