President Donald Trump announced that his administration is preparing new tariffs on semiconductors, which could lead to higher costs for everyday technology like laptops and smartphones."Like we did with steel, like we did with automobiles, like we did with aluminum, which are now fully on. We'll be doing that with semiconductors, with chips," Trump said.The announcement came just hours after the president signed an order exempting electronics from the 145% tariff on Chinese goods. However, Trump contradicted that order on social media by stating there are no tariff exceptions."We want to make our chips and semiconductors and other things in our country," Trump said.Commerce Secretary Howard Lutnick clarified the president's statement, saying, "He was just making sure everyone understood that all of these products are outside the reciprocal tariffs, and they are going to have their own separate way of being considered."The reciprocal tariffs mentioned by Lutnick were paused last week for 90 days on all countries except China. This policy shift has caused market upheaval and prompted criticism."The president contradicts himself multiple times every single week. He often can't remember what he said the day before, and it'll go 180 degrees on multiple issues," Sen. Mark Kelly, D-Arizona, said.Trump told reporters he would provide more specifics on exemptions and the upcoming semiconductor tariffs later today.Currently, there are no scheduled talks between Trump and Chinese President Xi Jinping. U.S. Trade Representative Jamieson Greer said the issue is "at the leaders' level," with talks only happening "at some point." Commerce Secretary Lutnick expects the two presidents will eventually work out an agreement beneficial to the U.S.Meanwhile, more than $660 billion in goods are now facing tariffs as high as 145%, with no clear path forward.