Donald Trump made new announcements on tariffs on mobile phones, computers and chips early Monday morning, claiming that there will be a "separate basket of tariffs" for these product categories.
“No one is getting away with it, especially China, which treats us worse,” Trump wrote on the Truth Social platform, claiming that “no ‘exemption’ from tariffs was announced on Friday. These products are subject to the existing 20% tariff on fentanyl and are simply being moved to a different tariff ‘bucket.’ The Fake News knows this, but refuses to report it.”
He even announced that there will be a separate investigation into the semiconductor industry and "the entire electronics supply chain" in an upcoming investigation by the National Security Committee on Tariffs.
"What has been revealed is that we must produce products in the USA and that we will not be held hostage by other countries, especially by hostile trading nations like China, who will do everything in their power to disrespect the American People," the American president continues in his post, which was made after what became known last Friday.
"We also cannot let them continue to abuse us on trade, as they have for decades, those days are over! America's Golden Age, which includes the upcoming tax and regulatory cuts, a significant amount of which was just approved by the House and Senate, will mean more and better paying jobs, producing products in our Nation and treating other countries, especially China, the same way they have treated us," Trump claims in his post.
In closing, he writes in his post: "The bottom line is that our country will be bigger, better, and stronger than ever. We will MAKE AMERICA GREAT AGAIN!"
Hours earlier, US Commerce Secretary Howard Lutnick had stated in an interview with ABC and the show "This Week" that smartphones, computers, and some other electronic devices would be included in a separate level of tariffs, along with semiconductors (chips).
According to Lutnik, these tariffs may be imposed after about a month.
Source: protothema.gr
