Trump: "Semiconductor Tariffs" Coming Soon, but Some Products May Have Exceptions!

In just one weekend, the world once again experienced a "dream shattered." It was initially thought that US President Trump's tariff policy had "eased," but he immediately delivered a bombshell to the market: "semiconductor tariffs" are coming!

Last Sunday, Eastern Time, Trump told reporters on Air Force One that he would soon announce tariffs on semiconductors, though he hinted that certain products might be exempt.

Previously, the US Customs and Border Protection (Customs and Border Protection) had just announced on Friday that a series of products would be excluded from the previously announced "reciprocal tariffs," including categories such as communication equipment (smartphones), computers, semiconductor devices, and integrated circuit components.

Trump said: "The tariffs will be implemented in the near future.Because, as you know, just as we did with steel, cars, and aluminum, now we will do the same with semiconductors, chips, and many other products. This will happen in the near future."

Trump explained that his goal is to incentivize companies to produce products in the US. But experts warn that this could be a lengthy process, and the prices of electronic products may rise.

When asked whether specific products like iPhones and tablets would be subject to tariffs, Trump said he would discuss the issue with businesses.

"You know,you have to show some flexibility.No one should be so rigid. We must have some flexibility. We are doing very well. Financially, our country will be stronger than ever before," he said.

However, Trump was unwilling to reveal which products this flexibility might apply to.Trump and other government officials also stated earlier on Sunday that the above exemptions are only temporary, and these products will be affected by the upcoming semiconductor tariffs.

US Commerce Secretary Howard Lutnick said, "So, what he (Trump) did is, although these products are not subject to reciprocal tariffs, they are included in the semiconductor tariffs, which may be introduced in a month or two. So, these are coming soon. You shouldn't think this is abnormal. Consider it as part of the semiconductor tariffs."

Additionally, it is well known that Trump's every word and action now affects the US stock market and broader financial markets. But he himself does not seem to think so and does not seem to care much. Regarding the above news, he does not believe there is any ambiguity that might scare the market when it opens on Monday.

"We have a great country," he said: "Our country is much richer today than it was a few months ago. We have a highly respected financial system."