Tariffs live: Trump makes major China tariffs concession as US-UK trade deal ‘only days away’

Japan will not use US Treasury possession as a negotiation tool to counter US rates in conversations scheduled between the two allies.

Both countries will negotiate rates on April 17, days after the White House said it prioritized Japan for trade conversations. “As an ally, we would not intentionally take action against US government bonds, and the disruption of the market is certainly not a good idea,” said Liberal Democratic Party Chief, Itsunori Onoda.

Mr. Onodera emphasized that the Japanese car manufacturers would be one of the largest affected by the 25 percent blanket rates on cars.

“It is important to stick to our guns on this issue, he said, adding that the Japanese side must ‘plead strongly’ for the removal of the measures.

“Obviously, the US is in trouble, so I think the conversation should start with us and say, ‘Maybe it would be better to stop? “” He added.

Saturday Night Live Once again, President Donald Trump created over his tariff policy, following the cold open last week.

James Austin Johnson returned to Studio 8h at 30 Rockefeller Plaza as the president in an Easter sketch who began Jesus, played by Mikey Day, who threw the money lenders out of the temple with his arrival in Jerusalem.

The biblical tableau freezes as Snl‘S Trump appeared.

“Do you remind someone?” he laughed. “I also got rid of money last week, but instead of one temple I did a whole country. Maybe even the world. The money is gone. ‘

Oliver O’Connell reports.

US President Donald Trump said he would give an update on the administration’s approach to semiconducture rates on Monday.

“I’ll give you the answer Monday,” Mr. Trump told reporters aboard Air Force One.

“We take a lot of money. As a country, we take a lot of money, ‘he added.

US President Donald Trump’s administration has granted exclusions of steep reciprocal rates to smartphones, computers and a few other electronics imported largely from China, which offers a major interruption to technical firms such as Apple relying on imported products.

In a notice to the carriers, the US Customs and Border Protection Agency published a list of tariff codes excluded from the import tax, with retroactive effect from 12:01 p.m. (local time) on April 5.

It contains 20 product categories, including the broad 8471 code for all computers, laptops, disc drive and automatic data processing. It also included semiconductor devices, equipment, memory chips and flat panel shows.

The notice gives no explanation for the relocation, but the exclusion of the late night offers welcome relief to major technology firms such as Apple, Dell Technologies and many other importers.

The actions of Mr. Trump also excludes the specified electronics of its 10 percent “baseline” rates on goods from most countries other than China, which relieves the import costs for semiconductors from Taiwan and Apple iPhones in India.