| | | Here’s Commerce Secretary NUTlick, at it again!
President Donald Trump’s Commerce Secretary Howard Lutnick suggested Sunday that the reciprocal tariff exemptions for some electronics may be short-lived, and said separate tariffs for these products are “coming soon.”
“They’re exempt from the reciprocal tariffs, but they’re included in the semiconductor tariffs, which are coming in probably a month or two,” Lutnick said on ABC News’ “
“So this is not like a permanent sort of exemption. just clarifying that these are not available to be negotiated away by countries,” he said.
Lutnick added: “These are things that are national security that we need to be made in America.”
Lutnick’s comments throw cold water on hopes that popular tech products made in China, such as computers, laptops, smartphones, and flat-panel TVs, would be spared from Trump’s 145% reciprocal tariffs — duties that raise prices for U.S. importers and are generally passed on to consumers.
They also add more confusion about Trump’s tariff policy, which has changed repeatedly. Democratic lawmakers on Sunday said the changes are causing “chaos” and a “crisis of credibility” for Trump.
The U.S. Customs and Border Protection late Friday evening announced exemptions for smartphones, computers, and other tech devices and components from Trump’s reciprocal tariffs. A 20% tariff on all Chinese goods remains in effect.
AND: Isn’t this nice:
Trump Administration Live Updates: Officials Signal New Tariffs Are Coming for High-Tech Imports and Drugs |
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