Tariffs on imported semiconductor chips coming soon, Trump says
Tariffs on imported semiconductor chips coming soon, Trump says
WASHINGTON, April 13 (Reuters) - U.S. President Donald Trump on Sunday said he would be announcing the tariff rate on imported semiconductors over the next week, adding that there would be flexibility with some companies in the sector.
The president's pledge means that the exclusion of smartphones and computers from his reciprocal tariffs on China likely will be short-lived as Trump looks to reset trade in the semiconductor sector.
