This comes after the chaos surrounding recent announcements around U.S. customs and border protection, the news said electronics such as smartphones and computers would be exempt from new tariffs.
U.S. President Donald Trump clarified that no country will be forgiven for what he calls “unfair trade practices.” This comes after the chaos surrounding recent announcements around U.S. customs and border protection, the news said electronics such as smartphones and computers would be exempt from new tariffs.
However, Trump denied this claim in an article on the Truth Society, noting that “no one is ” because of unfair trade balances and non-monetary tariff barriers. He stressed that China, in particular, would not receive any special treatment for the worst treatment of the United States.
Stephen Miller, a senior White House adviser, also posted on social media that the products remain below the initial 20% tariff on Canadian, Mexican and Chinese goods. The tariffs are part of a response to what Trump calls the “illegal drug crisis.”
Trump confirmed there were no new exemptions on Friday and said he would still impose taxes on electronic products under the existing 20% ”fentanyl tariff.” He explained that the products simply moved them to other tariff categories, rather than removed from the list.
He also hinted at future actions, saying the U.S. is studying semiconductors and the entire electronic supply chain in an upcoming national security tariff investigation. Trump stressed the need to produce more products within the United States and avoid relying on other countries, especially “hostile trading countries like China.”
Trump said in a strong statement that the era of being exploited for trade is over. He promised a new “American Golden Age” where he claimed to have passed taxes and cut taxes through Congress. According to him, this will create higher salaries and strengthen the U.S. economy.
