COINOTAG News reports that on April 13, a White House official conveyed President Trump’s intentions regarding new tariffs on several core industries, including automobiles, steel, pharmaceuticals, and semiconductors. This move is part of a broader strategy aimed at ensuring a robust and fair trade environment. In the near future, Trump is expected to unveil a comprehensive study focused on the Section 232 provision, which scrutinizes imports of critical technologies.
A spokesperson from the White House emphasized Trump’s position that the United States must not depend on foreign nations, particularly China, for the production of vital technological components. This includes major sectors such as chips, smartphones, and laptops, underscoring a significant shift towards bolstering domestic manufacturing capabilities amidst global supply chain disruptions.