According to Reuters, Donald Trump announced on Sunday that the rate of work on imported chips would announce next week. The US president added that "there will be flexibility for any companies in the sector".
The American agency explains that Trump's fresh decision may mean that the exclusion of smartphones and computers from common customs between China and the US is likely to be short-lived. Let us remind you that on Friday evening, the CBP customs service unexpectedly informed about the exclusion from customs of about 20 electronics and technologies that are manufactured outside the United States, including smartphones, computers, semiconductors, solar panels or LCD screens. They represent the largest part of the goods imported to the US from China in value terms.
On board Air Force 1 journalists asked Trump straight whether, for example, smartphones would be exempt from tax. “ There is any flexibility to be shown. No 1 should be so rigid — he replied, avoiding a clear answer.
Donald Trump threatens China with fresh duties. “These days are over”
As Reuters had previously stated, the US administration excluded electronics from 125 percent tariffs on China and a 10% work on the remainder of the world.
In the Donald Trump case, he posted an entry on his fact Social platform and denied reports. He stated that “nobody will be allowed to let go of the unfair trade balances and non-monetary tariff barriers that another countries have utilized against us, especially China, which definitely treat us the worst! No tariff exception was announced on Friday‘. He added that these products are covered by a 20-percent work and ‘they are simply transferred to another ‘tariff counter’.
"We will look at semiconductors and the full supply chain of electronics in upcoming national safety tariffs investigations. What has been revealed is that we must produce products in the United States and that we will not be held hostage by another countries, especially hostile trade countries specified as China, which will do everything in their power not to respect the American people. We besides cannot let them to proceed utilizing us in trade, as they have done for decades, these days are over!" Trump added.
According to his announcement, “The Golden Age of America” will mean “more paid jobs, manufacturing products in our country and treating another countries, in peculiar China, in the same way they treat us”.
