Brief by Shorts91 Newsdesk / 04:50am on 14 Apr 2025,Monday International
US President Donald Trump warned that “nobody is getting off the hook” from tariffs, clarifying that smartphones, computers, and other electronics remain under 20% 'Fentanyl Tariffs' despite a temporary pause on 145% levies. Trump confirmed a national security probe into semiconductors and the entire electronics supply chain, mainly reliant on China. Commerce Secretary Howard Lutnick said new semiconductor tariffs could arrive within two months. The announcement rattled tech investors, though Apple and Nvidia stocks briefly rallied. China imposed 125% retaliatory tariffs. Trump asserted the US won’t be “held hostage” by China and pledged to protect American manufacturing. (PC: Reuters)
