Trump news at a glance: Deep confusion as Trump signals new tariffs on smartphones and computers

News Snapshot:

Donald Trump’s tariff war has dived deeper into chaos after a cabinet official telegraphed new levies on semiconductors – a crucial component in electronic goods – just days after the Trump administration exempted computers and smartphones from reciprocal tariffs. Trump’s commerce secretary, Howard Lutnick, said in an interview with NBC that the tariff exemption on several electronic devices was just temporary and that new duties would come in “a month or two”. Semiconductors would be targeted with new tariffs, he said. Trump was forced to intervene, saying he would lay out the new tariffs on Monday and any relief would...