BREAKING: ELECTRONIC TARRIFS BACK IN A MONTH! New Semiconductor TARRIFS!
BREAKING: ELECTRONIC TARRIFS BACK IN A MONTH! New Semiconductor TARRIFS! Well remember those products are going to be part of the semiconductor sectoral tariffs which are coming,’ Lutnick said. He said like the separate pharmaceutical and auto tariffs,
electronics will face levies as part of the semiconductor tariffs. ‘They’re going to have a special focused type of tariff to make sure that those products get reshored,’ Lutnick explained. He argued such products need to be made in America, so the electronics are exempt from the ‘reciprocal’ tariffs but will be included in tariffs coming ‘in a month or two.’ Lutnick did not get into specific details about the looming tariffs, but said they will have a ‘tariff model in order to encourage them to reshore to be built in America.’ ‘This is not like, a permanent sort of exemption,’ he said. President Trump spared electronics like iPhones and laptops from his sweeping tariffs, but the exemptions will be short lived. Commerce Secretary Howard Lutnick said on Sunday those products will be part of the tariffs that are still to come. The top Trump administration official appeared on ABC News’ ‘This Week’ where he was asked by host Jon Karl about the electronic exemption revealed in a notice late Friday. ‘Well remember those products are going to be part of the semiconductor sectoral tariffs which are coming,’ Lutnick said. He said like the separate pharmaceutical and auto tariffs, electronics will face levies as part of the semiconductor tariffs. ‘They’re going to have a special focused type of tariff to make sure that those products get reshored,’ Lutnick explained. He argued such products need to be made in America, so the electronics are exempt from the ‘reciprocal’ tariffs but will be included in tariffs coming ‘in a month or two.’ Lutnick did not get into specific details about the looming tariffs, but said they will have a ‘tariff model in order to encourage them to reshore to be built in America.’ ‘This is not like, a permanent sort of exemption,’ he said.
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