Trump to Announce New Semiconductor Tariffs; Helicopter Company Involved in Fatal Crash Shuts Down | NTD Good Morning (Apr. 14)
President Donald Trump says new tariffs on imported semiconductors will be announced within the week. The move signals that current exemptions for electronics such as smartphones and laptops may soon expire. Trump says the U.S. cannot let countries such as China continue to abuse America on trade. Commerce Secretary Howard Lutnick expressed confidence in Trump’s approach to trade negotiations, saying everyone expects Trump and Chinese communist leader Xi Jinping to work the trade issues out.
New York Helicopter Tours is shutting down after one of its choppers crashed into the Hudson, killing a family from Spain. The FAA said it would launch a review of the company’s license and safety record, while the National Transportation Safety Board said the helicopter was not equipped with flight recorders. The NYPD is continuing the search of the wreckage, and what it has uncovered so far will be sent to NTSB laboratories.
Lawmakers are working on identifying $1.5 trillion worth of cuts from the federal budget. This comes after House and Senate Republicans united behind a new budget framework last week. Republicans from key swing voting districts are under pressure, saying they’re keeping a close eye on the bill’s details while they’re being written to ensure cuts to Medicaid aren’t going to impact vulnerable people.
