Smartphones, computers and chips will still face 20% tariffs ...Middle East

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Smartphones, computers and chips will still face 20% tariffs

The White House's Stephen Miller -- who is prickly at the best of times -- is out with a tweet noting that 20% fentanyl tariffs still apply to China.

He wrote this in response to a Washington Post article:

    Washington Post: maybe your reporters should try reading before posting. These products are subject to the tariff under the original IEEPA on China of 20 percent.

    That's a bit rich from a White House that's changing the tariff regime daily.

    In any case, it might curb some of the weekend enthusiasm. A White House spokesman also said that a Section 232 investigation on semiconductors is coming soon so it's only a matter of time until more tariffs come for semiconductors.

    This article was written by Adam Button at www.forexlive.com.

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