Trump administration officials were out in force across TV networks on Sunday, defending President Donald Trump’s economic policies after another week of reeling markets that saw the Republican administration reverse course on some of its steepest tariffs.
Trump, meanwhile, said on his social media platform that there ultimately will be no exemptions for his sweeping tariff agenda, disputing claims that he has granted exceptions for certain electronics, including smart phones, whose production is concentrated in China. Rather, Trump said, “those products are subject to the existing 20% Fentanyl Tariffs, and they are just moving to a different Tariff ‘bucket'". Electronics are set to be targeted by tariffs as part of a government probe into semiconductors.
