Latest Breaking News

BumRushDaShow

(150,613 posts) Sun Apr 13, 2025, 04:40 PM Sunday

Trump says looking at tariffs on chips, electronics supply chain; denies 'exception'

Source: Yahoo! Finance/Bloomberg

Sun, April 13, 2025 at 3:57 PM EDT 1 min read

(Bloomberg) — President Donald Trump denies that there was a tariff “exception” for certain electronics announced Friday, saying in a post on Truth Social that these products are still subject to existing tariffs of 20% and that the administration is looking into tariffs on the whole supply chain for electronics.

“These products are subject to the existing 20% Fentanyl Tariffs, and they are just moving to a different Tariff ‘bucket,’” Trump says.

Upcoming national security tariff investigations will look at semiconductors and the “whole electronics supply chain,” Trump added.

Trump says nobody is “off the hook” for unfair trade, “especially not China.”

Read more: https://finance.yahoo.com/news/trump-says-looking-tariffs-chips-195748656.html

Short article at post time (this is a revised version of Bloomberg's article which is here - https://www.bloomberg.com/news/articles/2025-04-13/trump-says-looking-at-tariffs-on-chips-electronics-supply-chain)

7 replies

= new reply since forum marked as read

Highlight:

Trump says looking at tariffs on chips, electronics supply chain; denies 'exception' (Original Post) BumRushDaShow Sunday OP

So much for the predicted good Monday on Wall Street... regnaD kciN Sunday #1

All three index futures opened up in 1 % range, but have decline below that, still up but dropping. . . nt Bernardo de La Paz Sunday #7

One backpedaling "very stable genius" trying to stablize a doomed moronic economic policy. Tarzanrock Sunday #2

I'm getting whiplash from all his on again/off again tariffs. llmart Sunday #3

Nero fiddled while Rome burned. Trump lit the fire and is fanning the flames. thought crime Sunday #4

As French Sen. Claude Malhuret said PSPS Sunday #5

This insanity is why the Founders required tariffs be set by Congress, not one man. SunSeeker Sunday #6

regnaD kciN

(26,944 posts)

1. So much for the predicted good Monday on Wall Street...

Reply to BumRushDaShow (Original post)

Sun Apr 13, 2025, 04:42 PM

Sunday

Bernardo de La Paz

(54,585 posts)

7. All three index futures opened up in 1 % range, but have decline below that, still up but dropping. . . nt

Reply to regnaD kciN (Reply #1)

Sun Apr 13, 2025, 06:37 PM

Sunday

Tarzanrock

(694 posts)

2. One backpedaling "very stable genius" trying to stablize a doomed moronic economic policy.

Reply to BumRushDaShow (Original post)

Sun Apr 13, 2025, 04:50 PM

Sunday

It is an insane, "doomed to failure" economic policy. "... there's no success like failure
And that failure's no success at all.…" -- Dylan.

llmart

(16,399 posts)

3. I'm getting whiplash from all his on again/off again tariffs.

Reply to BumRushDaShow (Original post)

Sun Apr 13, 2025, 05:18 PM

Sunday

Is there no one out there who can save us from this abomination who's squatting in our White House?

We should have a game show called "Who Wants to be a Hero".

thought crime

(126 posts)

4. Nero fiddled while Rome burned. Trump lit the fire and is fanning the flames.

Reply to BumRushDaShow (Original post)

Sun Apr 13, 2025, 05:23 PM

Sunday

Looks like the Golden Goose gets cooked along with everything else.

PSPS

(14,454 posts)

5. As French Sen. Claude Malhuret said

Reply to thought crime (Reply #4)

Sun Apr 13, 2025, 05:53 PM

Sunday

"Washington has become Nero's court, with an incendiary emperor, submissive courtiers and a jester high on ketamine."

SunSeeker

(55,434 posts)

6. This insanity is why the Founders required tariffs be set by Congress, not one man.

Reply to BumRushDaShow (Original post)

Sun Apr 13, 2025, 06:17 PM

Sunday

What Trump is doing is blatantly unconstitutional. We are not at war (thanks to Biden), so there is absolutely no justification for Trump setting tariffs under the emergency tariff rules.

Reply to this discussion