The Trump administration has said a new semiconductor tariff will soon be implemented.

The White House had on Friday excluded smartphones and computers from its import taxes on China, but in a post on the Truth Social, he suggested this would be short lived, saying they would just be "moving to a different tariff bucket" As we reported earlier,

President Donald Trump issued some exemptions in tariffs targeted at imports from China. The exemptions include smartphones, computers, processing chips and other electronics. The price of an iPhone had been projected go as high as $2,

While Trump promises new tariffs for tech products, Apple seems to have avoided the worst-case scenario, as smartphones are exempt from the current reciprocal tariffs against China.