[ Trade War SITREP ] CHINA SIGNS 40 AGREEMENTS W VIETNAM; Trump to help car industry; Semicon update

China President visit to Vietnam, agreements signed

Over 40 cooperation agreements were signed on April 14, focusing on trade, supply chains, and infrastructure, though specific financial commitments were not disclosed.

US probes into imports of pharmaceuticals and semiconductors

Federal Register filings reveal probes into imports of pharmaceuticals and semiconductors as part of a bid to impose tariffs on both sectors on grounds that extensive reliance on foreign production of medicine and chips is a national security threat.

"All those products are going to come under semiconductors, and they're going to have a special focus type of tariff to make sure that those products get reshored. ...they're exempt from the reciprocal tariffs, but they're included in the semiconductor tariffs, which are coming in probably a month or two. So these are coming soon."

"I’m looking at something to help some of the car companies where they’re switching to parts that were made in Canada, Mexico and other places and they need a little bit more time. They’re going to make them here, but they need a little bit more time." ~ Donald Trump

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