ANI
14 Apr 2025, 16:34 GMT+10
Washington DC [US], April 14 (ANI): US President Donald Trump has said that no one is 'getting off the hook' on trade after his administration appeared to dial down pressure on China by issuing a notice exempting certain high-tech products from his 'reciprocal' tariffs, Al Jazeera reported.
Trump on Sunday said that there were no exceptions to the tariffs, as smartphones, laptops and other products were still subject to an existing 20 per cent duty and the items were being moved to a different tariff 'bucket', as per Al Jazeera.
https://truthsocial.com/@realDonaldTrump/114332337028519855
'We will not be held hostage by other Countries, especially hostile trading Nations like China,' Trump said in a post on his Truth Social platform.
Speaking to reporters on board Air Force One later on Sunday, Trump said he would announce new tariffs on semiconductors over the next week.
'The tariffs will be in place in the not distant future,' Trump said, adding that there would be flexibility for some companies in the sector.
US Secretary of Commerce Howard Lutnick said earlier that the reprieve for high-tech products, many of which are manufactured in China, would be temporary and that semiconductor tariffs would be in place within weeks.
https://x.com/WhiteHouse/status/1911126063800803673
'So what [Trump is] doing is he's saying they're [high-tech products] exempt from the reciprocal tariffs, but they're included in the semiconductor tariffs, which are coming in probably a month or two. So these are coming soon,' Al Jazeera quoted Lutnick as speaking to local media.
Earlier in the day, China called on the United States to correct its mistakes by 'completely cancelling' its tariffs, describing them as 'wrong practice' and urging Washington to return to a 'path of mutual respect' towards Beijing, France 24 reported.
This appeal comes amid escalating trade tensions between the two nations, when US president Donald Trump announced a 90-day delay on tariffs for most countries, including the European Union, China was notably excluded from this reprieve.
This move has further heightened tensions between the world's two largest economies, as per France 24.
'We urge the US to take a big step to correct its mistakes, completely cancel the wrong practice of 'reciprocal tariffs' and return to the right path of mutual respect,' a commerce ministry spokesperson said. (ANI)
Get a daily dose of Illinois Intelligencer news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Illinois Intelligencer.
More InformationWashington DC [US], April 14 (ANI): US President Donald Trump has said that no one is 'getting off the hook' on trade after his administration...
Augusta [US], April 14 (ANI): The Indian-origin trio at the 89th Masters had a rough day in the third round of the Masters. After two...
U.S. President Donald Trump shows an executive order on reciprocal tariffs at the Rose Garden of the White House in Washington, D.C.,...
Auburndale [USA], April 14 (ANI): India concluded their campaign at the Archery World Cup 2025 Stage 1 in Auburndale, USA, with a total...
An aerial drone photo shows a view of the Tangshan Port in north China's Hebei Province, Jan. 13, 2025. (Photo by Liu Mancang/Xinhua)BEIJING,...
A Somali woman walks past makeshift homes at Al-Hidaya camp on the outskirts of Mogadishu, capital of Somalia, April 10, 2025. (Photo...
WASHINGTON, D.C.: President Donald Trump, who had often complained about weak water pressure in showers, has signed an order to remove...
NEW DELHI, India: Apple has ramped up shipments of iPhones from India to the United States, chartering aircraft to move hundreds of...
WASHINGTON, D.C.: The U.S. Commerce Department during the week ended about US$4 million in funding to Princeton University for assessing...
HONG KONG: A Hong Kong social worker has been handed a prison sentence of nearly four years after a retrial linked to the 2019 pro-democracy...
LONDON, UK: The United States has pulled out of international talks in London about reducing pollution from ships. These talks are...
WASHINGTON, D.C.: The U.S. government warned this week that Chinese spies are using trickery to try to hire current and former U.S....