$BTC Trump denies exemption of electronic devices from tariffs and emphasizes continued pressure on China

U.S. President Donald Trump has firmly denied rumors about exemptions for certain electronic devices from tariffs, asserting in a post on the 'Truth Social' platform that these products are still subject to a 20% tariff, which he described as 'fentanyl tariffs'.

He explained that these tariffs are part of efforts to pressure China, Canada, and Mexico to stop the flow of narcotics into the United States.

This statement comes days after the U.S. administration announced tariff exemptions that included smartphones, computers, and some other electronics. According to the Customs and Border Protection, these exemptions were aimed at narrowing the scope of the 125% tariffs on China and 10% on most other countries.