Trump added to the confusion hours later, declaring on social media that there was no “exception” at all because the goods are “just moving to a different" bucket and will still face a 20% tariff as part of his administration's move to punish China for its role in fentanyl trafficking. “This type of supply chain moved from the tariff regime for the global tariff, the reciprocal tariff, and it moved to the national security tariff regime.” The administration has predicted that the trade war prod Apple to make iPhones in the U.S. for the first time, but that was an unlikely scenario after Apple spent decades building up a finely calibrated supply chain in China.
Author: Mae Anderson And Matt O'brien
Published at: 2025-04-13 22:35:50
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