Trump will explain tariffs on electronics on Monday

The administration announced late Friday that some electronics were exempt.

ByDavid Brennan, Alexandra Hutzler, and Ivan Pereira
Last Updated: April 13, 2025, 11:43 PM EDT

President Donald Trump on Sunday said there will be no exceptions for tariffs on electronics and that he would clarify his administration's policy on Monday.

U.S. Customs and Border Protection announced late Friday that some smartphones, computers, chips and other electronics would be exempted from tariffs, but Trump's top economic advisers hit the Sunday talk shows to explain the policy, saying that tariffs against electronics would be coming in the next month or two.

“There was no Tariff ‘exemption’ announced on Friday," Trump posted Sunday afternoon, and that semiconductor tariffs will “just be moving to a different Tariff ‘bucket.’”

Latest headlines:

Here's how the news is developing.
Apr 09, 2025, 10:29 AM EDT

White House preparing relief package for farmers 'just in case' of tariff impacts

The White House is putting together a relief plan to support out American farmers "if necessary," Agriculture Secretary Brooke Rollins said in an interview Wednesday

"The President has our farmers' and our ranchers' backs, just as in the first term. We are already putting together — if necessary, we're hopeful not necessary, but if necessary — a package that can mitigate a lot of that damage, if not all of it," Rollins told News Nation without any further details.

"But that is a long-term question. We really won't know the full impact for months to come," she added.

Agriculture Secretary Brooke Rollins speaks to reporters outside the White House in Washington, Mar. 26, 2025.
Francis Chung/Pool/EPA-EFE/Shutterstock

-ABC News' Michelle Stoddart

Apr 09, 2025, 10:26 AM EDT

Trump trade representative testifies again amid tariff fallout

U.S. Trade Representative Jamieson Greer is again tasked with defending President Donald Trump's tariff policy as he testifies for the second time in as many days on Capitol Hill. He is currently appearing before the House Ways and Means Committee.

"This adjustment might be challenging at times," Greer said in his opening statement. "This is a moment of drastic and overdue change but I'm confident that the American people will rise to the occasion as they have before. I trust them. I trust that they can do this."

Apr 09, 2025, 10:19 AM EDT

Russia criticizes Trump on tariffs, is 'closely monitoring' situation

The Russian Foreign Ministry spokesperson on Wednesday criticized President Donald Trump's tariffs, saying they "go against the basic rules" of the World Trade Organization and expressed concern about the escalating trade war between the U.S. and China.

"All the more serious concerns are raised when it comes to the two main economies of the world, one of which is the PRC, our many-year-old largest foreign trade partner. We are closely monitoring the development of the events, we will analyze the possible consequences, of course, and take measures to minimize potential damage to our country," the spokesperson said.

Apr 09, 2025, 10:14 AM EDT

Trump works to quell nerves as stocks open mixed

With stocks mixed at the start of trading on Wednesday as Trump's trade war intensified, the president posted on his social media platform that "everything is going to work out well."

"BE COOL! Everything is going to work out well. The USA will be bigger and better than ever before!," Trump wrote in a post Wednesday morning.

President Donald Trump attends the National Republican Congressional Committee dinner in Washington, April 8, 2025.
Nathan Howard/Reuters

The Dow Jones Industrial Average opened down 315 points, or 0.8%, while the S&P 500 fell 0.4%. The tech-heavy Nasdaq ticked up 0.03%.

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