Source Link
Excerpt:
President Donald Trump has clarified that electronics are not exempt from his new tariffs, warning that “NOBODY is getting ‘off the hook.’”
The warning comes as Trump redoubled his promise to end “unfair” trade policies once and for all.
The president confirmed that America’s trading partners are not “off the hook.”
The clarification came after his administration appeared to back away from targeting products like smartphones imported largely from China.
Trump’s reversal caused the stock market to rally Monday as confidence in tech stocks rebounded.
Companies like Apple are largely reliant on supply chains based in Asia, especially China.
About The Author
