Trump posting on his own social media app, Truth Social:
- is looking at semiconductors and the electronics supply chain as part of upcoming national security tariff investigations
This is in reference to the news over the weekend of a reversal on tariffs for electronics such as smartphones, PCs etc:
- Trump exempts phones, computers, chips from new tariffs
- Smartphones, computers and chips will still face 20% tariffs
- Lutnick: Electronics products will have special tariffs coming in a month or so
Trump’s post:
This article was written by Eamonn Sheridan at www.forexlive.com.