The Trump administration recently walked back a statement by US Customs and Border Protection that allegedly exempted certain consumer electronics, including smartphones and computers, from tariffs on China and a global 10% import tariff. This exemption also included machinery for semiconductor assembly. On Saturday, White House senior adviser Stephen Miller clarified that these products would still face a 20% tariff upon importation from China. President Trump later reinforced this by stating on Truth Social that no exemption had been announced. Trump described himself as flexible and indicated that further clarifications would come soon. The ongoing adjustments in tariff policy are creating uncertainty in the market as stakeholders await more definitive guidance.

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