Trump stated on Sunday that tariffs on semiconductors will “take place in the very near future,” although he did allow for some “flexibility” with regard to duties on goods like tablets and iPhones.
“The tariffs will be implemented in the near future,” he stated.
The announcement that smartphones, computers, memory chips, and a number of other product categories will not be subject to tariffs caused U.S. markets to open marginally higher on Monday.
Trump stated that he will be “flexible” on the subject, but he also cautioned that they might still be targeted.
That will be announced shortly, and we will address it while simultaneously speaking with businesses. You must exhibit a certain amount of flexibility, you know. No one ought to be that inflexible.
