U.S. Trade Representative Greer also bumbling through explaining tariffs on electronics ...Middle East

In an interview with CBS’ Face the Nation, Greer clarified that the exemptions reflect a strategic shift from reciprocal tariffs to national security-based measures. “We have to be much more deliberate about the semiconductor supply chain,” he said, highlighting that ongoing investigations could lead to future tariffs on electronics, pharmaceuticals, metals, and other critical sectors.

Greer noted there are currently no plans for President Trump to speak with Chinese President Xi Jinping.

Earlier:

Trump says 20% tariff on computers, and smartphones (so, not 145%)

Trump exempts phones, computers, chips from new tariffsSmartphones, computers and chips will still face 20% tariffsLutnick: Electronics products will have special tariffs coming in a month or so

Flip flops continue

This article was written by Eamonn Sheridan at www.forexlive.com.

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