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Saturday, 28 June 2025
Economy

Business | Apr 19th 2025 Edition

Business | Apr 19th 2025 Edition

Trump administration Anarchic pronunciation on Tariff Causing more uncertainty among investors. The US Customs Agency said that smartphones, computers and chips, among other things, will be exempted from Donald Trump’s punitive levy, only for the President later to say that the discount would be temporary, because no one is getting “away from hooks”. Tech products will be exempted from mutual tariffs for a time, but will be included in other duties on the chip industry, which may be two months away, Howard Lutnik, Commerce Secretary said, in more confusion. Mr. Trump also said that he wanted to help the car companies, although without saying how.

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