Trump will explain tariffs on electronics on Monday

The administration announced late Friday that some electronics were exempt.

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 07, 2025, 1:35 PM EDT

Trump ignores shouted questions on tariffs, markets

Reporters tried to ask Trump about his tariffs and the market volatility as he met Israel's Prime Minister Benjamin Netanyahu outside the White House, but Trump did not respond.

Trump and Netanyahu are expected to discuss tariffs on Israel, which was hit with a 17% rate despite moving to cancel all remaining tariffs on American imports before Trump unveiled his "reciprocal" tariff policy last week.

Apr 07, 2025, 1:19 PM EDT

Mexico would like to avoid imposing reciprocal tariffs, president says

Mexican President Claudia Sheinbaum on Monday said she'd like avoid imposing reciprocal tariffs on the U.S. "as much as possible."

Sheinbaum said Mexico could impose similar tariffs on steel and aluminum, but worried about the impact for Mexican businesses.

"We prefer to continue the dialogue before any other measure," she said during her daily news conference.

Apr 07, 2025, 1:09 PM EDT

European Union ready to negotiate on tariffs but preparing countermeasures

European Union Commission President Ursula von der Leyen said on Monday it is ready to negotiate tariffs with the Trump White House.

"Indeed, we have offered zero-for-zero tariffs for industrial goods, as we have successfully done with many other trading partners, because Europe is always ready for a good deal," she said.

"But we are also prepared to respond through countermeasures and defend our interests," von der Leyen said, though she emphasized the EU would "prefer to have a negotiated solution."

Apr 07, 2025, 12:03 PM EDT

China slams Trump tariffs as 'economic bullying'

China on Monday again criticized Trump's tariff policy, calling it an "abuse" that "gravely undermines the rules-based multilateral trading system, and disrupts global economic order and stability."

"The Chinese government strongly condemns and firmly opposes such actions. The U.S. approach is a typical act of unilateralism, protectionism, and economic bullying, which causes harm to others while backfiring on itself," said Chinese Foreign Ministry spokesman Lin Jian.

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