The exemption of smartphones, laptops and other electronic products from import tariffs on China will be short-lived, top US officials have said, with Donald Trump warning that no one was “getting off the hook.”

“There was no Tariff ‘exception’, Trump said in a social media post on Sunday. “These products are subject to the existing 20% Fentanyl Tariffs, and they are just moving to a different Tariff ‘bucket.’”

In the post on his Truth Social platform, Trump promised to launch a national security trade investigation into the semiconductor sector and the “whole electronics supply chain”.

  • whaleross@lemmy.world
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    2 days ago

    He is saying that he’ll keep rollercoasting the market for anybody paying him to do so. The immensely wealthy will get even wealthier at the expense of everybody else.

  • ferric_carcinization@lemmy.ml
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    2 days ago

    “There was no Tariff ‘exception’, Trump said in a social media post on Sunday. “These products are subject to the existing 20% Fentanyl Tariffs, and they are just moving to a different Tariff ‘bucket.’”

    Sounds like something from The Onion.

  • null_dot@lemmy.dbzer0.com
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    2 days ago

    What time is it in the US? He’s due to take a shit in a couple of hours I think so he will probably drop another brain fart.

  • snekerpimp@lemmy.world
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    2 days ago

    Someone should keep a tally of how many witch hunts are being started at once with this administration.