Trump says he will provide more information on semiconductor tariffs on Monday

President Trump announced he would provide an update on semiconductor tariffs. The Trump administration granted tariff exemptions for smartphones, computers, and other electronics imports, many sourced from China, shielding them from steep tariffs. The exemptions, retroactive to April 5, cover computers, laptops, semiconductor devices, memory chips, and flat panel displays, offering relief to major U.S. tech companies.