Donald Trump claims that Chinese-made cellphones and other devices would not be spared from tariffs, stating that they are just going into a separate "bucket" of levies. 

As stated by BBC, European stock markets rose on Monday morning following Friday's official declaration that some of these products would be exempt from levies of up to 145%. 

China has urged Donald Trump to "completely cancel" his tariffs regime and "return to the right path of mutual respect". 

However, US sources stated on Sunday that products would be subject to a "semiconductor tariff", with Trump set to announce further information later, BBC reported.