U.S. President Donald Trump said on Saturday that he will provide an update on his administration's approach to semiconductor tariffs on Monday. "I'll give you that answer on Monday," Trump told reporters aboard Air Force One.

The exemptions come days after the U.S. trade representative said “the president has been clear” that he does not intend to give exemptions to the tariffs.

Trump announced a 90-day pause for a host of global tariffs he had planned, but increased levies on Chinese imports to 145%. "We urge the US to take a big step to correct its mistakes, completely cancel the wrong practice of 'reciprocal tariffs' and return to the right path of mutual respect,

China on Sunday called on the United States to "completely cancel" its reciprocal tariffs after Washington announced exemptions for consumer electronics and key chipmaking equipment.