US President Donald Trump

President Donald Trump has signalled that he will announce further tariffs this week on semiconductors. The move would raise the cost of importing chips, which are a vital component in electronics, cars, toys and other goods. Speaking Sunday night from Air Force One , the president said tariffs on electronics would “be announced very soon,” but suggested there might be room for exemptions. “I’m a very flexible person…,” Trump said on Monday, when asked about possible exemptions. He added he had spoken to Apple CEO Tim Cook and “helped” him recently.