‘Inflation below, promises were placed!’: US President Donald Trump claimed ‘record number’ in tariff
US President Donald Trump on Wednesday announced to announce the truth social that the US is collecting “record numbers” in Tariff, while “Gasoline, Grocery goods, and just about everything else is” falling – a message of economic victory under his leadership: “Promises were made, promises were made!”
But his celebration deepens around the latest tricks of his administration. Electronics tariffEspecially targeting China. On Friday, U.S. Customs and Border Protection Announced a stagnation on new taxes for consumer electronics, offering a temporary repetition to companies such as Apple and HP. So far within 48 hours, Commerce Secretary Howard Lootnik Refuting that situation, the discount was only temporary and new, the sector-specific tariff “will reach” in one or two months “.
Trump on Monday added himself to anarchy, posting that “there was no exception,” and that electronics “will simply run in a separate bucket”-to refer to 20% of the levy installed under the fennel-linked enforcement rules.
China pushes back
The Chinese Ministry of Commerce welcomed last week’s discount, but rapidly called the US to cancel all tariffs. President Xi Jinping warned of “no winners in the trade war” in the state media, while Beijing further prepared export control over rare earth minerals used in US chipmaking and EV batteries.
Since January, the US slapped a total tariff of 145% on a border of Chinese imports. China has responded to 125% Anti -retardation duties,
For consumers, there is no clear victory yet
While electronics delayed the price increase, economists warned that relief is both temporary and partial. Many products live under old tariffs, and the new levy is expected to increase the cost again – that prices are falling, reducing Trump’s claims.
Forester’s Dipanjan Chatterjee, while urging to take precautions, said that companies like Apple should be “a plan B”, while working behind the curtain to avoid bloobac. Trump claimed that he helped Apple CEO Tim Cook to secure partial discounts after a call last week.
Wall Street Wavers
After electronics, the markets showed a slight advantage, up to 0.2%with the S&P500, although the traders were careful. Chatterjee said that businesses are hesitant to react to policies that “can be thrown with the remaining bunch of Sunday.”
Despite Trump’s excited message, the business world gets stuck between celebration and caution – waiting for the next tweet, tariff or turnaround.
