Update: Trump has "roti prata" again!
Trump says no one is "getting off the hook" as he seeks to clarify tariff exclusions
President Donald Trump attempted to clarify the status of US tariffs on high-tech products from China after a weekend of confusion that added new uncertainty to his plan for global trade.
“NOBODY is getting 'off the hook' for the unfair Trade Balances, and Non Monetary Tariff Barriers, that other Countries have used against us, especially not China which, by far, treats us the worst!” Trump wrote on Truth Social today.
"There was no Tariff 'exception' announced on Friday. These products are subject to the existing 20% Fentanyl Tariffs, and they are just moving to a different Tariff 'bucket,'" he continued.
FRIDAYS NEWS:
Big news for tech! U.S. Customs and Border Protection just announced that smartphones, laptops, hard drives, processors, and memory chips are SAFE from Trump’s proposed 125% tariffs on Chinese imports and 10% global tariffs. Semiconductors also dodge the bullet—for now. But stay tuned, as separate tariffs on chips and other industries might still drop.
TOP CHINA-EXPOSED NAMES LIKELY TO CATCH A BID MONDAY 👇🏼
1. $NVDA | Nvidia
2. $TSLA
3. $AAPL
4. $INTC
5. $AMAT
6. $AVGO
7. $ASML
8. $AMZN
9. $BABA
10. $DELL
Tigers, are you ready for a Monday rally?
$Taiwan Semiconductor Manufacturing(TSM)$
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