Semiconductor tariffs coming, may be this week, hints US president

President Donald Trump has signalled that he will announce further tariffs this week on semiconductors. The move would raise the cost of importing chips, which are a vital component in electronics, cars, toys and other goods. Speaking Sunday night from Air Force One, the president said tariffs on electronics would "be announced very soon," but suggested there might be room for exemptions. "I'm a very flexible person...," Trump said on Monday, when asked about possible exemptions. He added he had spoken to Apple CEO Tim Cook and "helped" him recently.