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BumRushDaShow

(150,860 posts)
Mon Apr 14, 2025, 09:16 AM Monday

Trump says he'll announce new chips tariffs over the next week

Source: Axios

Updated 10 hours ago


President Trump said Sunday he'll announce tariffs on semiconductor chips "over the next week," though he indicated he could offer flexibility to some companies.

Why it matters: The White House indicated on Friday that smartphones and computers would be exempted from the 125% import levies Trump imposed on China, where Apple assembles most of its iPhones.

Driving the news: The White House on Friday also listed semiconductors as "excepted products" from China import levies in a memorandum titled "Clarification of Exceptions Under Executive Order 14257 of April 2, 2025, as Amended."

  • However, Commerce Secretary Howard Lutnick told ABC News Sunday the relief for smartphones and other electronics was only temporary.


  • What he's saying: Trump told reporters aboard Air Force One as he traveled back to D.C. from Mar-a-Lago administration officials would discuss tariffs on products like iPhones and tablets with companies "because you have to show a certain flexibility, nobody should be so rigid."

  • When asked if there would be flexibility for some products, Trump replied: "For some products." He declined to say which ones.
  • Trump earlier Sunday denied in a Truth Social post that a tariff exception had been made on Friday and said administration officials were "taking a look at Semiconductors and the WHOLE ELECTRONICS SUPPLY CHAIN in the upcoming National Security Tariff Investigations."
  • He told reporters on Air Force One his administration "wanted to uncomplicate it from a lot of other companies, because we want to make our chips and semiconductors and other things in our country."


  • Read more: https://www.axios.com/2025/04/14/trump-chip-tariffs-china
    11 replies = new reply since forum marked as read
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    Trump says he'll announce new chips tariffs over the next week (Original Post) BumRushDaShow Monday OP
    How about the chips that Musk uses @ his new A.I. place in Tennessee? Botany Monday #1
    Madman. travelingthrulife Monday #2
    I wish shithole would STFU..................... Lovie777 Monday #3
    to the felon: just markie Monday #4
    Drip, drip, drip. Harker Monday #5
    In other words he's not done profitting from stock manipulation groundloop Monday #6
    At the same time pulling $ from the Chips Act which was actually building US Chips plants. mackdaddy Monday #7
    Yes BumRushDaShow Monday #8
    Yeah, let's shoot ourselves in the foot. Martin68 Monday #9
    And then flip flop the following day. republianmushroom Monday #10
    He can't say WHICH products until he sees all the bribes on the table Bluetus Monday #11

    Botany

    (73,843 posts)
    1. How about the chips that Musk uses @ his new A.I. place in Tennessee?
    Mon Apr 14, 2025, 09:24 AM
    Monday

    Krasnov is a nightmare.

    mackdaddy

    (1,750 posts)
    7. At the same time pulling $ from the Chips Act which was actually building US Chips plants.
    Mon Apr 14, 2025, 10:39 AM
    Monday

    A huge billion dollar Intel plant being built in New Albany, near Columbus OH is being put on hold because the Chips Act was passed under Biden.

    https://www.wosu.org/2025-03-27/amid-uncertainty-licking-county-residents-say-new-albany-intel-plant-delay-isnt-so-bad

    BumRushDaShow

    (150,860 posts)
    8. Yes
    Mon Apr 14, 2025, 10:54 AM
    Monday

    All of this "reinventing a wheel" that was already built and completely destroying everything already put in place.

    Bluetus

    (951 posts)
    11. He can't say WHICH products until he sees all the bribes on the table
    Mon Apr 14, 2025, 02:11 PM
    Monday

    er, I mean all the perfectly legal contributions to the PAC that has no association with Trump, but that Trump gets all the money from.

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