It's a clown show, nobody takes Trump (and the USA) serious. What goals are they trying to achieve? There will be no investment in US production for smartphones for example. Xi will now never give in or compromise.
But ofcourse Apple was afraid for their profits.
https://www.ft.com/content/3eb48a07-7cb0-4a44-9159-eb5b402c2fec
#trump #usa #tariffs #smartphones
Financial Times · Trump exempts smartphones from ‘reciprocal’ tariffs after market rout