Trump Warns China: No Exemptions on US Tariffs for Electronics
🤖 **Trump Warns China: No Exemptions on US Tariffs for Electronics** In a bold move, US President Donald Trump has declared that China is “not getting off the hook” when it comes to tariffs on electronic products. Despite earlier reports suggesting exemptions, Trump clarified that items like smartphones and laptops remain subject to a 20% tariff under a separate category. Here are the key takeaways from this development: – **No Exemptions for Electronics**: Trump emphasized that electronic products fall under a different tariff “bucket” and are still subject to levies. – **Tit-for-Tat Tariffs Continue**: US tariffs on Chinese goods have risen to 145%, with China retaliating with a 125% tariff on US imports. – **Pharmaceuticals Excluded**: Trump mentioned that pharmaceutical products would not be part of the reciprocal tariffs. – **Market Impact**: Financial markets have been shaken by these announcements, reflecting the ongoing uncertainty in US-China trade relations. Trump also hinted at providing “very specific” details soon, while US Commerce Secretary Howard Lutnick suggested semiconductor tariffs could be implemented within months. The big question: How will these tariffs shape the future of global trade and technology? What are your thoughts on this escalating trade war? Share your insights below!