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RE: LeoThread 2025-04-13 06:41

in LeoFinance6 months ago

On Sunday, however, senior White House trade adviser Peter Navarro told NBC's "Meet the Press" they were "not exclusions," adding that the Trump administration could still impose tariffs on computer chips, according to the report.

Likewise, Commerce Secretary Howard Lutnick told ABC on Sunday that Trump could announce new tariffs on semiconductors "in the next month or two."

The assertions made by Navarro and Lutnick came the same day that China reacted to the exemptions, calling them a "small step by U.S. to correct its wrong practice of unilateral 'reciprocal tariffs.'" Trump on Wednesday increased tariffs on Chinese imports effectively to 145%.