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- Trump announces temporary tariff exemption for electronics, but new semiconductor tariffs this week
Trump announces temporary tariff exemption for electronics, but new semiconductor tariffs this week
Bay Area Times
April 14, 2025
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Top stories today:
- Trump announces new semiconductor tariffs coming this week
- GPT 4.1 expected to debut on Mon. among new OpenAI launches
- Alphabet, NVIDIA said to have backed Sutskever’s SSI in $2B round
- Apple’s Vision Pro may get lighter, cheaper version
- Sam Altman says ChatGPT use doubled, hints at 800M users
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Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations):
1. Trump announces temporary tariff exemption for electronics, but new semiconductor tariffs this week
Trump has taken a u-turn after giving temporary relief to Apple and other U.S. tech companies.
Sun.: Trump said open to discussing the scope of semiconductor tariffs with companies.
Commerce Department will launch a semiconductor probe under Section 232 of the 1962 Trade Expansion Act.
China’s commerce ministry urged the U.S. to “take a big stride in completely abolishing” the “reciprocal” tariffs.
China has separately halted rare earth and magnet exports vital to cars and semiconductors.
China also changed its semiconductor rules to punish Intel, TI, and chip designers producing chips in the U.S.
Meanwhile, iPhone production in India is +60% to 22B as Apple has continued to move away from China.
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