US President Donald Trump has said he will announce tariff rates on semiconductors over the next week. He was speaking to reporters on Air Force One on Sunday.



Trump said, "We'll be doing that with semiconductors, with chips and numerous other things, and that'll take place in the very near future."



When asked about tariffs on electronics, including cell phones and tablets, he said he would talk to companies and that there must be a certain flexibility.



Electronics were exempted from what Trump calls "reciprocal tariffs," according to a government notice published on Friday.



But Trump posted a message on social media on Sunday denying that there will be any exemptions. He indicated that electronics would be subject to different levies.



That could affect tech giants, including Apple, which assembles iPhones overseas. There are also concerns that the extra levies will drive up prices of electronic devices in the United States.