US EditionTrump defends tariff exemptions for electronics: Nobody getting ‘off the hook’
- Asian markets rose as U.S. President Donald Trump announced that electronics like smartphones and laptops would be exempt from high import duties, easing trade tensions slightly.
- Trump's announcement followed China's increase of tariffs on U.S. Products to 125%, marking a continued trade conflict.
- The Chinese Ministry of Commerce called Trump's exemption 'a small step' and urged complete cancellation of tariffs.
- Reports indicated that major U.S. Banks like JPMorgan Chase and Wells Fargo showed stronger-than-expected profits, despite concerns over economic damage from the trade dispute.
266 Articles
266 Articles
Mason City Globe Gazette
Cheap may be out
President Donald Trump’s new tariffs threaten to push up prices on clothes, mobile phones, furniture and many other products in coming months, possibly ending the era of cheap goods that Americans enjoyed for about a quarter-century before the COVID-19 pandemic.
Trump Confirms Tariff Exemption for Electronics Is Temporary: ‘NOBODY Getting Off the Hook’
President Donald Trump has clarified that electronics are not exempt from his new tariffs, warning that "NOBODY is getting 'off the hook.'" The post Trump Confirms Tariff Exemption for Electronics Is Temporary: ‘NOBODY Getting Off the Hook’ appeared first on Slay News.
Trump's latest paradox: the exemption of PCs from tariffs discourages production in the US. Closest recession
Will the temporary exemption from tariffs on smartphones, PCs and semiconductors announced Saturday by Donald Trump be another boomerang for the US economy? While waiting for the fickle tenant of the White House to decide the ad hoc tariffs to which to subject electronics, some observers point out that the apparently relaxing move towards China and certainly favorable to manufacturers like Apple is not centered on the stated objective of revital…
Letters: Apple’s biggest problem is groveling for Trump
Submit your letter to the editor via this form. Read more Letters to the Editor. Apple’s biggest problem is groveling for Trump Re: “Tariffs are only adding to Apple’s troubles” (Page A1, April 12). Shortly after this article was published, Donald Trump exempted smartphones and other electronics from some tariffs imposed on Chinese imports. This directly and significantly benefits Apple, which produces many of its products in China. Previously, …
White House defends tariffs strategy
WASHINGTON (NEXSTAR) - The White House continues to defend President Donald Trump's on-again, off-again tariffs on imports from around the world. "I don't change my mind, but I'm flexible," the president said in the Oval Office Monday following a debate over the weekend on whether the administration is offering exemptions. President Trump announced he is considering a temporary pause for the auto industry and has extended one for electronics as…
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