President Donald Trump’s tariff policy has undergone several developments since ‘Liberation Day’. The most recent of the changes saw confusion reign about how the US would treat imports of consumer electronics like smartphones. It came after Mr Trump announced a 90-day pause on so-called “reciprocal tariffs”, reducing the higher-rate tariffs to 10 per cent for…
New Delhi: Tariff exemptions, announced heading into the weekend past, are off. US President Donald Trump, earlier today, confirmed in a Truth Social post that there is no tariff exemption. No one’s “off the hook”, to be precise; and that they are “taking a look at Semiconductors and the WHOLE ELECTRONICS SUPPLY CHAIN in the…
US President Donald Trump on Sunday doubled down on his hardline trade stance, declaring that no country — especially China — would be spared from his sweeping tariff agenda. Trump, in a post on social media rejected claims that his administration had granted tariff exemptions to certain tech products, saying, “NOBODY is getting ‘off the…
US President Donald Trump has emphasised that the United States cannot depend on China for essential technologies like semiconductors, chips, smartphones, and laptops, the White House said on Saturday (April 12), following a decision to exempt these items from steep new tariffs. The exemptions mark a significant policy move within Trump’s broader strategy to reduce…