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On Sunday, President Trump indicated that he will follow a new tariff on strong computer chips inside smartphones and other technologies, just two days after his administration excluded a variety of electronics from the recently applied import taxes on the goods that arrive from China.
This batch came at a time when the major economic advisors of Mr. Trump stood to explain their changing strategy, after they insisted for weeks that they will not protect any company or industry from any of the fees they imposed on in an attempt to reset American trade relations.
The re -postponement of technology companies has reached the form of customs protection and borders that were released late on Friday and that survived high -tech imports of the so -called mutual definitions of Mr. Trump, including those in China. While the president temporarily stopped a set of fees to punish nearly 60 countries last week, his administration has doubled a 145 percent new tax on Chinese exports, and announced it after Beijing took revenge against the United States.
Exceptions at the CBP base covered a large list of products, such as computers, smartphones, modem devices and flash drives, which are a great victory for Apple and other American technology giants, which depend on Chinese factories to help manufacture important components and popular devices. Even Apple CEOs were in contact with Trump administration officials about Chinese definitions in recent days, according to two people aware of the company’s efforts. The company refused to comment.
But on Sunday, Mr. Trump and his great aides exempt in a different light, which puts it as a temporary break only while the government is preparing for more import taxes on the main technologies. The administration is expected to take the first step towards the age of new definitions as soon as next week, and open an investigation to determine the effects of semiconductor imports on national security.
The approach seems to reflect the process that has resulted in Mr. Trump’s tariff on other specific products and sectors, including the high fees he imposed on foreign cars and car parts this year. On social media, the president indicated on Sunday that his next scope would be wide, “take a look at the semiconductor and the entire electronics supply chain in the upcoming national security tariff investigations.”
“Nobody comes out of the” hook “for unfair trade balances, and the non -critical tariff barriers, which were used by other countries against us, especially China, which dealt with us, to the worst! Mr. Trump added.
Howe Trump can announce a new tariff “in the next two or two months” that will not only target semiconductor, but also drug imports, another priority for management.
Kevin Haysit, director of the National Economic Council of the White House, told the “Union’s case” to CNN that “is always” some of these high -tech imports will be subject to their own definitions, separate from those imposed on the two countries in response to their commercial practices.
“The semi -conductors are an important part of the defense equipment,” Mr. Hasit added, saying: “I don’t think anything should be a surprise.”
Jameson Jarir, the American commercial actor, described the move to “confront the nation” to CBS as more than a mechanical change, saying about the semi -conductors that “not that they will not undergo drivers”, but it is done under a “different system.”
The Trump administration had already excluded different types of semiconductors from mutual definitions as of April 2. But chaotic changes in definitions and exceptions in recent days were wandering in trade -dependent business with China. Some investors and senior executives publicly praised the decision to proceed with the customs tariff for electronics, which represent nearly a quarter of American imports from China.
“Preparing to control a strategy that depends on new facts and data is a sign of the strength of the leader,” Bill Akman, CEO of the hedge Fund Pershing Square, wrote on social media. “It is not an indication of weakness.”
However, there does not seem to be a quick end to the commercial conflict with China on the horizon. And the possibility of a new tariff on the chips that threatened to take another look at the technology industry, even when the major pressure groups that represent Intel, NVIDIA and other companies encouraged the Trump administration to conclude commercial deals ultimately carrying commercial barriers worldwide.
When asked about the possibility of the upcoming definitions on the chips on Saturday, Mr. Trump said: “I will give you this answer on Monday.”
“We will be very specific,” added. “But we take a lot of money. As a country we take a lot of money.”
“The mass confusion created by this continuous news from the White House amazing for industry and investors and creating uncertainty and the enormous chaos of companies trying to plan the supply chain, stock and demand,” Dan Evs, an analyst at Wedbush Securities, said in a memorandum of investors on Sunday.
Ultimately, new taxes on the imports of chips can make American companies more expensive for American companies to produce smartphones and other devices, cut off their profits or force them to raise prices on American consumers. For Apple, in particular, the two nipples between the United States and China have caused the technology giant to lose more than 770 billion dollars in the market value in the opening days of the commercial war of Mr. Trump.
Since then, the two countries have continued to take revenge on each other, causing financial markets around the world in a continuous and expensive confrontation. It seems that American consumers are rushing to buy new iPhone devices last week, expecting that the prolonged trade conflict can lead to price increase.
