{"id":19219,"date":"2025-04-14T02:12:29","date_gmt":"2025-04-14T02:12:29","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/trump-signals-new-tariffs-on-chips-calling-exclusions-temporary\/"},"modified":"2025-04-14T02:12:29","modified_gmt":"2025-04-14T02:12:29","slug":"trump-signals-new-tariffs-on-chips-calling-exclusions-temporary","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/trump-signals-new-tariffs-on-chips-calling-exclusions-temporary\/","title":{"rendered":"Trump Signals New Tariffs on Chips, Calling Exclusions Temporary"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div data-testid=\"companionColumn-0\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">President Trump signaled on Sunday that he would pursue new tariffs on the powerful computer chips inside smartphones and other technologies, just two days after his administration <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/04\/12\/technology\/trump-electronics-tariffs.html\" title=\"\">excluded a variety of electronics<\/a> from the steep import taxes recently applied on goods arriving from China.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The push came as Mr. Trump\u2019s top economic advisers scrambled to explain their shifting strategy, after having insisted for weeks that they would shield no company or industry from any of the fees they have levied in a bid to reset U.S. trade relationships.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The reprieve for technology companies arrived in the form of a Customs and Border Protection rule issued late Friday that spared high-tech imports from Mr. Trump\u2019s so-called reciprocal tariffs, including those on China. While the president paused a set of punishing levies on <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/04\/09\/us\/politics\/trump-tariffs-stocks-china.html\" title=\"\">nearly 60 countries<\/a> last week, his administration has forged ahead with a new 145 percent tax on Chinese exports, announcing it after Beijing retaliated against the United States.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The exclusions in the C.B.P. rule covered a wide slate of products, such as computers, smartphones, modems and flash drives, and it represented a major victory for Apple, and other U.S. technology giants, which rely on Chinese factories to help manufacture important components and popular devices. Apple executives had even been in contact with Trump administration officials about the Chinese tariffs in recent days, according to two people with knowledge of the company\u2019s efforts. The company declined to comment.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-1\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">But on Sunday, Mr. Trump and his top aides cast the exemptions in a different light, framing them as only a temporary break while the government prepares more targeted import taxes on key technologies. The administration is expected to take the first step toward enacting the new tariffs as soon as next week, opening an investigation to determine the effects of semiconductor imports on national security.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The approach appears to mirror the process that yielded <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/03\/26\/us\/trump-tariffs-auto-cars.html\" title=\"\">Mr. Trump\u2019s tariffs<\/a> on other specific products and sectors, including the high fees he imposed on foreign cars and auto parts this year. On social media, the president signaled Sunday that the scope of his next inquiry would be broad, \u201ctaking a look at Semiconductors and the WHOLE ELECTRONICS SUPPLY CHAIN in the upcoming National Security Tariff Investigations.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cNOBODY is getting \u2018off the hook\u2019 for the unfair Trade Balances, and Non Monetary Tariff Barriers, that other Countries have used against us, especially not China which, by far, treats us the worst!\u201d Mr. Trump added.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Howard Lutnick, the commerce secretary, said earlier Sunday on ABC\u2019s \u201cThis Week\u201d that Mr. Trump could announce new tariffs \u201cin the next month or two\u201d that would target not only semiconductors but also pharmaceutical imports, another priority for the administration.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-2\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Kevin Hassett, the director of the White House National Economic Council, told CNN\u2019s \u201cState of the Union\u201d that it was \u201calways the case\u201d that some of these high-tech imports would be subject to their own tariffs, separate from those broadly imposed on countries in response to their trade practices.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-3\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">\u201cSemiconductors are a key important part of a lot of defense equipment,\u201d Mr. Hassett added, saying, \u201cI don\u2019t think anything really should be a surprise.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">And Jamieson Greer, the U.S. trade representative, described the move on CBS\u2019s \u201cFace the Nation\u201d as more of a mechanical change, saying of semiconductors that it is \u201cnot that they won\u2019t be subject to tariffs\u201d but that they are being done under a \u201cdifferent regime.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The Trump administration had already excluded various types of semiconductors from the reciprocal tariffs as of April 2. But the chaotic changes in tariffs and exclusions in recent days bewildered businesses that depend on trade with China. Some investors and chief executives publicly praised the decision to walk back tariffs on electronics, which represent roughly a quarter of U.S. imports from China.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cA willingness to adjust a strategy based on new facts and data is a sign of the strength of a leader,\u201d Bill Ackman, the chief executive of the hedge fund Pershing Square, wrote on social media. \u201cIt is not an indication of weakness.\u201d<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-4\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Still, there appears to be <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/04\/13\/us\/politics\/trump-tariffs-trade-war-china.html\" title=\"\">no quick end to the trade conflict with China<\/a> in sight. And the potential for new tariffs on chips threatened to cast another pall over the tech industry, even as major lobbying groups representing Intel, Nvidia and other companies have encouraged the Trump administration to strike trade deals that ultimately lower trade barriers globally.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Asked about the possibility of upcoming tariffs on chips on Saturday, Mr. Trump said, \u201cI\u2019ll give you that answer on Monday.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cWe\u2019ll be very specific,\u201d he added. \u201cBut we\u2019re taking in a lot of money. As a country we\u2019re taking in a lot of money.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Dan Ives, an analyst for Wedbush Securities, said in a note to investors on Sunday that \u201cthe mass confusion created by this constant news flow out of the White House is dizzying for the industry and investors and creating massive uncertainty and chaos for companies trying to plan their supply chain, inventory and demand.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Ultimately, new taxes on chip imports could make it more expensive for U.S. companies to produce smartphones and other devices, cutting into their profits or forcing them to raise prices on American consumers. For Apple, in particular, the tit for tat between the United States and China caused the tech giant to lose <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/04\/11\/technology\/apple-issues-trump-tariffs.html\" title=\"\">more than $770 billion in market capitalization in just the opening days<\/a> of Mr. Trump\u2019s trade war.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Since then, the two nations have continued to retaliate against each other, causing financial markets around the world to whipsaw in the face of a persistent and costly standoff. U.S. consumers even <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/04\/12\/us\/politics\/tariffs-china-iphones-panic-shopping.html\" title=\"\">appeared to rush out to purchase new iPhones last week<\/a>, anticipating that a protracted trade conflict could push up prices.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.nytimes.com\/2025\/04\/13\/us\/politics\/trump-tariffs-china-chips-technology.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Trump signaled on Sunday that he would pursue new tariffs on the powerful computer chips inside smartphones and other<\/p>\n","protected":false},"author":1,"featured_media":19220,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[1076,770,239,114,5731,5627,2348,338,5732,5628,2347,1443,1444,1208,113,109,111],"class_list":["post-19219","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us","tag-apple-inc","tag-computer-chips","tag-customs-tariff","tag-donald-j","tag-greer","tag-hassett","tag-howard-w","tag-international-trade-and-world-market","tag-jamieson-l","tag-kevin-a","tag-lutnick","tag-navarro","tag-peter","tag-smartphones","tag-trump","tag-united-states-international-relations","tag-united-states-politics-and-government"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump Signals New Tariffs on Chips, Calling Exclusions Temporary - World News<\/title>\n<meta name=\"robots\" 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