Trump says he'll announce the tariff rate for semiconductors over the next week

  • Asked about tariffs on iPhones, says that will be announced soon but there has to be some flexibility

Trump will announce tariff rate for semiconductors over the next week, indicating that sector-specific levies be on the way.

  • Asked about tariffs on iPhones, says that will be announced soon but there has to be some flexibility
  • says he doesn't think a foreign company should own US Steel

Over the weekend Lutnick also indicated that sector tariffs on semiconductors, pharmaceuticals are due out in a month or two.

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