UPDATE: |Donald Trump issues dramatic new statement on tariffs after raising hopes on Friday News

The President had appeared to spare electronic goods from China from his 125% import tax and 10% global tariff on Friday, but it seems that will not be the case after all

As the global impact of President Trump’s tariff spree continues to unfold, the US leader asserted on Sunday that there would be no exceptions to his tariffs, quashing hopes raised on Friday regarding electronic imports. A notice circulated on Friday evening hinted that electronic devices from China might escape his 125% import tax and even his worldwide 10% tariff.

However, as we’ve since discovered, this is not the case. Posting on Truth Social, the President stated: “NOBODY is getting “off the hook” for the unfair Trade Balances, and Non Monetary Tariff Barriers, that other Countries have used against us, especially not China which, by far, treats us the worst!

“There was no Tariff “exception” announced on Friday,” Trump continued in his post.

“These products are subject to the existing 20% Fentanyl Tariffs, and they are just moving to a different Tariff “bucket. “” He further commented: “We are taking a look at Semiconductors and the WHOLE ELECTRONICS SUPPLY CHAIN in the upcoming National Security Tariff Investigations.”

n a pointed jab at China, Trump also proclaimed that the US would not be “held hostage by other Countries, especially hostile trading Nations like China.”

He then argued that Beijing was fuelling a trade war with the US and would do “everything within its power to disrespect the American People.”

Tensions between the two countries have been escalating over the past week, following China’s decision to increase its tariffs on imported goods to 125% in retaliation to Trump’s tariffs, which effectively imposed a 145% tariff on them. There seemed to be a ray of hope on Friday when Trump appeared to exempt electronics such as iPhones and laptops from his tariffs , reports the Mirror.

However, this was short-lived, with Commerce Secretary Howar Lutnick confirming on Sunday that these products would still be included in the tariffs. In an interview with ABC News, Lutnick clarified that these items would still be part of a set of tariffs due to be implemented in one to two months.

He stated: “Well remember those products are going to be part of the semiconductor sectoral tariffs which are coming.”

Like the separate pharmaceutical and auto tariffs, electronics will also face levies as part of the semiconductor tariffs. “They’re going to have a special focused type of tariff to make sure that those products get reshored” Lutnick explained.

He argued that such products, typically manufactured in China, need to be produced in America. Therefore, while electronics are currently exempt from the reciprocal tariffs, they won’t be exempt from a different set of impending tariffs aimed at boosting US manufacturing.

Even if Trump succeeds in repatriating manufacturing to the US, the shift won’t happen overnight, with specialists voicing concerns that it could take years to build the necessary capacity to produce the volume of electronics needed annually.

Apple, for instance, would feel the pinch from any imposed tariffs, given that over 80% of their products are manufactured in China. Following the recent announcement of tariffs, the tech giant has already seen a staggering loss of $640 billion in market value.

Furthermore, there appears to be no immediate effort to defuse tensions, as U.S. President Donald Trump and Chinese President Xi Jinping “don’t have any plans” to engage in talks, despite the intensifying tariff conflict between the two nations.