Trump says chips from China will face national security probe; further tariffs expected

People browse for Iphone 16 displayed in a Apple store in the Huangpu district in Shanghai on April 11, 2025. (AFP)
People browse for Iphone 16 displayed in a Apple store in the Huangpu district in Shanghai on April 11, 2025. (AFP)
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Updated 14 April 2025

Trump says chips from China will face national security probe; further tariffs expected

People browse for Iphone 16 displayed in a Apple store in the Huangpu district in Shanghai on April 11, 2025. (AFP)
  • Beijing increased its own tariffs on US imports to 125 percent on Friday in response
  • It featured 20 product categories, including computers, laptops, disc drives, semiconductor devices, memory chips and flat panel displays

WASHINGTON/WEST PALM BEACH, Florida: US President Donald Trump on Sunday bore down on his administration’s latest message that the exclusion of smartphones and computers from his reciprocal tariffs on China will be short-lived, pledging a national security trade investigation into the semiconductor sector.
Those electronics “are just moving to a different Tariff ‘bucket,’” Trump said in a social media post. “We are taking a look at Semiconductors and the WHOLE ELECTRONICS SUPPLY CHAIN in the upcoming National Security Tariff Investigations.”
The White House had announced the exclusions from steep reciprocal tariffs on Friday.
Trump’s commerce secretary, Howard Lutnick, earlier on Sunday said that critical technology products from China would face separate new duties along with semiconductors within the next two months.
The exclusions announced on Friday were seen as a big break for technology firms such as Apple and Dell Technologies that rely on imports from China.
Trump’s back-and-forth on tariffs last week triggered the wildest swings on Wall Street since the COVID pandemic of 2020. The benchmark Standard & Poor’s 500 index is down more than 10 percent since Trump took office on January 20.
Lutnick said Trump would enact “a special focus-type of tariff” on smartphones, computers and other electronics products in a month or two, alongside sectoral tariffs targeting semiconductors and pharmaceuticals. The new duties would fall outside Trump’s so-called reciprocal tariffs, under which levies on Chinese imports climbed to 125 percent last week, he said.
“He’s saying they’re exempt from the reciprocal tariffs, but they’re included in the semiconductor tariffs, which are coming in probably a month or two,” Lutnick said in an interview on ABC’s “This Week,” predicting that the levies would bring production of those products to the United States. “These are things that are national security, that we need to be made in America.”
Beijing increased its own tariffs on US imports to 125 percent on Friday in response. On Sunday, before Lutnick’s comments, China said it was evaluating the impact of the exclusions for the technology products implemented late on Friday.
“The bell on a tiger’s neck can only be untied by the person who tied it,” China’s Ministry of Commerce said.
Billionaire investor Bill Ackman, who endorsed Trump’s run for president but who has criticized the tariffs, on Sunday called on him to pause the broad and steep reciprocal tariffs on China for three months, as Trump did for most countries last week.
If Trump paused Chinese tariffs for 90 days and cut them to 10 percent temporarily, “he would achieve the same objective in causing US businesses to relocate their supply chains from China without the disruption and risk,” Ackman wrote on X.

’CHANGES EVERY DAY’
Sven Henrich, founder and lead market strategist for NorthmanTrader, was harshly critical of how the tariff issue was being handled on Sunday. “Sentiment check: The biggest rally of the year would come on the day Lutnick gets fired,” Henrich wrote on X. “I suggest the administration figures out who controls the message, whatever it is, as it changes every day. US business can’t plan or invest with the constant back and forth.”
US Senator Elizabeth Warren, a Democrat, criticized the latest revision to Trump’s tariff plan, which economists have warned could dent economic growth and fuel inflation.
“There is no tariff policy — only chaos and corruption,” Warren said on ABC’s “This Week,” speaking before Trump’s latest post on social media.
In a notice to shippers late on Friday, the US Customs and Border Protection agency published a list of tariff codes excluded from the import taxes. It featured 20 product categories, including computers, laptops, disc drives, semiconductor devices, memory chips and flat panel displays.
In an interview on NBC’s “Meet the Press,” White House trade adviser Peter Navarro said the US has opened an invitation to China to negotiate, but he criticized China’s connection to the lethal fentanyl supply chain and did not include it on a list of seven entities — the United Kingdom, the European Union, India, Japan, South Korea, Indonesia and Israel — with which he said the administration was in talks.
Trade Representative Jamieson Greer said on CBS’s “Face the Nation” that there were no plans yet for Trump to speak to Chinese President Xi Jinping on tariffs, accusing China of creating trade friction by responding with levies of its own. But he expressed hopes for some non-Chinese deals.
“My goal is to get meaningful deals before 90 days, and I think we’re going to be there with several countries in the next few weeks,” Greer said.
Ray Dalio, the billionaire founder of the world’s biggest hedge fund, told NBC’s “Meet the Press” that he was worried about the United States sliding into recession, or worse, as a result of the tariffs.
“Right now we are at a decision-making point and very close to a recession,” Dalio said on Sunday. “And I’m worried about something worse than a recession if this isn’t handled well.”


Apple to invest additional $100 bn in US

Apple to invest additional $100 bn in US
Updated 12 sec ago

Apple to invest additional $100 bn in US

Apple to invest additional $100 bn in US
  • It builds on plans announced in 2021, when the company founded by Steve Jobs said it would invest $430 billion in the country and add 20,000 jobs over the next five years

WASHINGTON: Apple will invest an additional $100 billion in the United States, taking its total pledge to $600 billion over the next four years, US President Donald Trump said Wednesday.
Trump announced the increased commitment at the White House alongside the tech giant’s CEO Tim Cook, calling it “the largest investment Apple has made in America.”
“Apple will massively increase spending on its domestic supply chain,” Trump added, highlighting a new production facility for the glass used to make iPhone screens in Kentucky.
In February, Apple said it would spend more than $500 billion in the United States and hire 20,000 people, with Trump quickly taking credit for the decision.
It builds on plans announced in 2021, when the company founded by Steve Jobs said it would invest $430 billion in the country and add 20,000 jobs over the next five years.
“This year alone, American manufacturers are on track to make 19 billion chips for Apple in 24 factories across 12 different states,” Cook said in the Oval Office.
Trump, who has pushed US companies to shift manufacturing home by slapping tariffs on trading partners, claimed that his administration was to thank for the investment.
“This is a significant step toward the ultimate goal of... ensuring that iPhones sold in the United States of America also are made in America,” Trump said.
Cook later clarified that, while many iPhone components will be manufactured in the United States, the complete assembly of iPhones will still be conducted overseas.
“If you look at the bulk of it, we’re doing a lot of the semiconductors here, we’re doing the glass here, we’re doing the Face ID module here... and we’re doing these for products sold elsewhere in the world,” Cook said.
Apple reported a quarterly profit of $23.4 billion in late July, topping forecasts despite facing higher costs due to Trump’s sweeping levies.
The tariffs are essentially a tax paid by companies importing goods to the United States. This means Apple is on the hook for tariffs on iPhones and other products or components it brings into the country from abroad.


France’s biggest wildfire of the summer has eclipsed the size of Paris and is still spreading

France’s biggest wildfire of the summer has eclipsed the size of Paris and is still spreading
Updated 5 min 24 sec ago

France’s biggest wildfire of the summer has eclipsed the size of Paris and is still spreading

France’s biggest wildfire of the summer has eclipsed the size of Paris and is still spreading
  • Over 2,100 firefighters and several water bomber aircraft battled the blaze

SAINT-LAURENT-DE-LA-CABRERISSE, France: France’s biggest wildfire in years was spreading quickly Wednesday in a Mediterranean region near Spain after leaving one person dead and several injured, authorities said. The fire burned an area larger than Paris, and the military was called in to help.
French Prime Minister François Bayrou deplored a “disaster on an unprecedented scale” in the region.
Over 2,100 firefighters and several water bomber aircraft battled the blaze that broke out Tuesday afternoon in the village of Ribaute in the Aude region, a rural, wooded area that is home to wineries.
The fire, which has burned 16,000 hectares , remained “very active” on Wednesday and continued to progress as night fell, the local administration said. The weather was hot, dry and windy, making it difficult for firefighters to contain the blaze.
Villagers sought to help douse the flames or save their homes and small businesses, and described their alarm at the fire’s speed. Ash filled the air and coated windows and cars, and several roads were closed around the region.
’’The sky was blue, and then less than an hour later the sky was orange,″ said Andy Pickup of Saint-Laurent-de-la-Cabrerisse, at the heart of the fire zone. “That’s when we went out and tried to help.”
’’We heard pops and cracks — it was the trees, it was the village,″ he told The Associated Press. ‘’We could see the fires taking hold on all the hills around Saint-Laurent.″ At dusk, he said, they saw fires in every direction, some as near as 100 meters  away.
Interior Minister Bruno Retailleau said the military will reinforce efforts starting from Thursday, with several dozens of soldiers to be deployed.
One person died in their home, and at least 13 others were injured, including 11 firefighters, local authorities said. Three people were missing, the prefecture said.
Jacques Piraux, mayor of the village of Jonquières, said all residents have been evacuated.
“It’s a scene of sadness and desolation,” he told broadcaster BFM TV after visiting there on Wednesday morning. “It looks like a lunar landscape, everything is burned. More than half or three-quarters of the village has burned down. It’s hellish.”
Residents and tourists in nearby areas were requested to remain in their homes unless told to evacuate. Two campgrounds were evacuated as a precaution.
The prime minister met Wednesday afternoon with firefighters and residents at Saint-Laurent-de-la-Cabrerisse, where the fire service’s command post has been set up. He said he came to express “national solidarity.”
The area’s economy is relying on winery and tourism and “both sectors are affected,” he stressed.
Bayrou said an investigation is ongoing to determine the cause of the fire.
The environment ministry said the Aude region has been experiencing a drought this month, with water use restrictions in place. Lack of rainfall in recent months “played a major role in the spreading of the fire, since the vegetation is very dry,” the statement said.
This week’s fire was the biggest since the creation of a national fire database in 2006, according to the national emergency service.
Southern Europe has seen multiple large fires this summer. Scientists warn that climate change is exacerbating the frequency and intensity of heat and dryness, making the region more vulnerable to wildfires. Last month, a wildfire that reached the southern port of Marseille, France’s second-largest city, left aroundTh 300 people injured.
Europe is the world’s fastest-warming continent, with temperatures increasing at twice the speed of the global average since the 1980s, according to the European Union’s Copernicus Climate Change Service.
‘’We’ve lived here for 10 years and we’ve seen nothing like that,” Pickup said. ‘’Consistently the summers are getting hotter, there is less and less rain, and that is a major problem.”
‘’We have been told the wind might come stronger tomorrow,” he added.


Trump says he could impose more tariffs on China, similar to India duties, over Russian oil

Trump says he could impose more tariffs on China, similar to India duties, over Russian oil
Updated 11 min 25 sec ago

Trump says he could impose more tariffs on China, similar to India duties, over Russian oil

Trump says he could impose more tariffs on China, similar to India duties, over Russian oil

WASHINGTON: US President Donald Trump on Wednesday said he could announce further tariffs on China similar to the 25 percent duties announced earlier on India over its purchases of Russian oil, depending on what happens.
“Could happen,” Trump told reporters, after saying he expected to announce more secondary sanctions aimed at pressuring Russia to end its war in Ukraine.
He gave no further details.
“It may happen ... I can’t tell you yet,” Trump said. “We did it with India. We’re doing it probably with a couple of others. One of them could be China.”
Trump on Wednesday imposed an additional 25 percent tariff on Indian goods, on top of a 25 percent tariff announced previously, citing its continued purchases of Russian oil.
The White House order did not mention China, which is another big purchaser of Russian oil. Last week, US Treasury Secretary Scott Bessent warned China that it could also face new tariffs if it continued buying Russian oil.


US Army soldier accused of attempting to share tank infomation with Russia

US Army soldier accused of attempting to share tank infomation with Russia
Updated 16 min 5 sec ago

US Army soldier accused of attempting to share tank infomation with Russia

US Army soldier accused of attempting to share tank infomation with Russia

A U.S. Army soldier was arrested on Wednesday for allegedly seeking to pass sensitive information about American battle tanks to the Russian government, according to the U.S. Justice Department.
Taylor Adam Lee, 22, an active-duty soldier stationed at Fort Bliss in Texas, is facing two federal charges accusing him of attempting to transmit national defense information and export controlled technical data without a license, according to court documents.
“Today’s arrest is a message to anyone thinking about betraying the U.S. – especially service members who have sworn to protect our homeland. The FBI and our partners will do everything in our power to protect Americans and safeguard classified information,” Assistant Director Roman Rozhavsky of the FBI’s Counterintelligence Division said in a statement.
Lee has not yet entered a plea on the charges, which were filed in U.S. District Court for the Western District of Texas. Attorney information for Lee was not immediately available.
Prosecutors accused Lee, who holds a top-secret security clearance, of attempting to share information on the operation and vulnerabilities of the M1A2 Abrams, the main U.S. battle tank, with the Russian government in exchange for Russian citizenship.
Last month, Lee shared an SD card that contained documents and information about the tank and other U.S. military operations with someone he believed to be a Russian intelligence officer. The documents contained technical data Lee was not authorized to provide and some were marked “Controlled Unclassified Information,” according to prosecutors.
“Soldiers who violate their oath and become insider threats will absolutely be caught and brought to justice, and we will continue to protect Army personnel and safeguard equipment,” said Brigadier General Sean Stinchon, the commanding general of Army Counterintelligence Command.


Trump immigration crackdown boosts private prison profits

Trump immigration crackdown boosts private prison profits
Updated 15 min 17 sec ago

Trump immigration crackdown boosts private prison profits

Trump immigration crackdown boosts private prison profits
  • Geo Group, one of the two leading US private prison companies, said the White House’s policies will fuel their growth for the foreseeable future
  • The Florida-based group reported profits of $29.1 million and is adding thousands of beds for detainees at sites around the United States
  • CoreCivic, the other leading private prison company, lifted its financial targets after reporting that second-quarter profits more than doubled to $38.5 million

NEW YORK: One of the biggest US private prison companies announced a share repurchase program on Wednesday, the latest sign of an industry boom from President Donald Trump’s crackdown on illegal immigration.
Geo Group, one of the two leading US private prison companies, said the White House’s policies will fuel their growth for the foreseeable future, even as executives pointed to staffing and infrastructure limitations that could constrain the Trump administration’s mass deportation agenda.
The US Immigration and Customs Enforcement agency’s target of hiring 10,000 workers is “very expensive and very complicated,” said Geo Executive Chairman George Zoley, predicting it will “take a long time” to reach that figure.
“You need more people to go across the country and identify people who are here unlawfully,” Zoley said on a conference call. “One person doesn’t go out and do this job by themselves. It’s a whole team of people.”
Florida-based Geo, which is adding thousands of beds for detainees at sites around the United States, reported profits of $29.1 million after losing $32.5 million in the year-ago period. Revenues rose 4.8 percent to $636.2 million.
The company, which is also seeing growth in its transportation business for ICE, said its board had authorized $300 million in share repurchases.
Company officials expect more of a revenue increase in 2026 from the ICE crackdown. By that point, four facilities currently being activated will be at capacity, resulting in annual revenues of $240 million.
Geo also has another 5,900 beds at six company facilities that are currently idle. If fully utilized by ICE, they could yield another $310 million in annual revenues, Zoley said.
But company officials suggested a widely-discussed Washington target of one million deported annually could be difficult in light of the constraints facing the operation.
Trump’s multi-year fiscal package approved by Congress in July triples ICE’s detention budget to $45 billion over four years. Administration officials have said they need 100,000 beds at detention centers to reach their mass-deportation goals.
Zoley estimated that private companies currently have capacity for 75,000 or 80,000 beds, leaving a gap that could be met at military bases or by the US states.
“They are communicating with many red states in particular,” said Zoley, who mentioned Florida, Texas and Louisiana among the Republican-controlled states whose public sectors are being enlisted.
“These are unchartered waters for the agency to expand their platform of detention nationally... to literally more than double the size of the previous administration,” he said. “It can’t be done overnight.”
Shares of Geo rose 2.6 percent.
After the stock market closed, CoreCivic, the other leading private prison company, lifted its financial targets after reporting that second-quarter profits more than doubled to $38.5 million.