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Home Economy

Smartphones, computers and chips will still face 20% tariffs

by Tradinghow
April 13, 2025
in Economy, Stock Trading
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Smartphones, computers and chips will still face 20% tariffs
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The White House’s Stephen Miller — who is prickly at the best of times — is out with a tweet noting that 20% fentanyl tariffs still apply to China.

He wrote this in response to a Washington Post article:

Washington Post: maybe your reporters should try reading before posting. These products are subject to the tariff under the original IEEPA on China of 20 percent.

That’s a bit rich from a White House that’s changing the tariff regime daily.

In any case, it might curb some of the weekend enthusiasm. A White House spokesman also said that a Section 232 investigation on semiconductors is coming soon so it’s only a matter of time until more tariffs come for semiconductors.



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