Washington – The president of the United States, Donald Trump, said Sunday that he would announce the rate of the rate in semiconductors imported during the next week, adding that it would be flexibility with some colleagues in the sector.
The president’s promise means that the exclusion of smartphones and computers from their reciprocal tariffs on China will probably be of short duration, since Trump seeks to restore trade in the semiconductor sector.
“We wanted not to complicate it from many other companies, we want to make our fries, semiconductors and other things in our country,” Trump told journalists aboard Air Force One while traveling to Washington from his heritage.
Trump refused to say if some products such as smartphones could end up being exempt, but added: “You have to show some flexibility. No one should be so rigid.”
Earlier on the day, Trump announced a commercial investigation of national security on the semiconductor sector.
“We are doing a look at the semiconductors and the entire electronic supply chain in the next national security rates research,” he published on social networks.
The White House had announced the exclusions of reciprocal tariffs on Friday, creating some hope that the technology industry could escape from being framed in the growing conflict between the two nations and that the products of daily daily consumption consumption.
However, Trump’s Secretary of Commerce, Howard Lutnick, previously made Sunday that China’s critical technology products would face new separate tasks along with semiconductors in the next two months.
Last week, Trump last week caused changes in the wall from the Covid Pandemia of 2020. The Standard & Poor’s 500 (.spx) reference index has dropped more than 10% since Trump Tok’s office on January 20.
Lutnick said Trump would act and act “a special type of focus rate” on smartphones, computers and other electronic products in a month or two, along the sector tariffs that are directed to semiconductors and pharmaceutical products. The new tasks would remain outside the so -called reciprocal tariffs of Trump, under which Chinese import taxes rose to 125% last week, he said.
“He is saying that they are exempt from reciprocal tariffs, but they are included in semiconductor rates, which are probable one or two months,” Lutnick said in an interview about “those products” of ABC, predicting the taxes.
Beijing increased its own tariffs on US imports to 125% on Friday in response. On Sunday, before Lutnick’s comments, China said it was evaluating the impact of the exclusions of the technological products implemented on Friday night.
“The bell on the neck of a tiger can only be unleashed by the person who tied it,” said the Ministry of Commerce of China.
Bill Ackman billionaire investor, who supported Trump’s career for president but criticized the rates, on Sunday he asked him to stop the broad and pronounced reciprocal tariffs in China for three months, as Trump did last week.
If Trump stopped Chinese tariffs for 90 days and cut them to 10% temporarily, “he would like the same goal by making US companies relocate their supply chains of China without interruption and risk,” Ackman wrote in X.
‘Changes every day’
Sven Henrich, founder and market strategist of NorthMantrader, was very critical of how the problem of the rate was handled on Sunday.
“Verification of feelings: the largest rally of the year would come the day Lutnick is fired,” Henrich wrote in X. “I suggest that the administration discovers who controls the message, whatever it is, since the constant season of each change changes.
American senator Elizabeth Warren, a Democrat, criticized the latest review of the Trump Rate Plan, that economists have warned that they could make economic growth and fuel inflation.
“There is no tariff policy, only chaos and corruption,” Warren said in “This Week” of ABC, speaking before Trump’s last publication on social networks.
In a notice to the loaders on Friday night, the US Customs and Border Protection Agency published a list of tariff codes excluded from import taxes. It had 20 categories of products, including computers, laptops, disc units, semiconductor devices, memory chips and flat screens.
In an interview about “Meet The Press” by NBC, the White House commercial advisor, Peter Navarro, said that the United States has opened an invitation to China to negotiate, but criticized China’s connection with the lethal supply chain of Fentanil and Kingdaed, Indies, the night, the night, the list, the list of seven ,,,,,,,,, Indones, entry and intieat – with which he said the administration was in conversations.
Trade representative Jamieson Greer said that in “Face the Nation” of CBS that it was not yet plans to speak with Chinese President Xi Jinping about the rates, accusing China or creating commercial friction responding with levies of their. But expressed hope for some non -Chinese agreements.
“My goal is to obtain significant offers before 90 days, and I think we will be there with several countries in the coming weeks,” Greer said.
Ray Dalio, the multimillionaire founder of the world’s largest coverage fund, told NBC “Meet The Press” that he was worried that the United States slides in the recession, or worse, as a result of tariffs.
“At this time we are at a decision -making point and very close to a recession,” Dalio said Sunday. “And I worry something worse than a recession if this is not handled well.”
Reports from Doina Chiacu, Washington and Nathan Layne in Connecticut and Jeff Mason in Florida; Additional reports from Bo Erickson, Andrew Goudsward and Andrea Shalal. Write by James Oliphant. Scott Malone edition, Mark Porter, Leslie Adler and Lincoln Feast
