‘Tariff exemption on electronics temporary…’: US warns of impending ‘semiconductor tariffs’ on electronics imports
US Commerce Secretary Howard Lutnick clarified Sunday that the recent exemption of key electronic devices from newly imposed tariffs is only a temporary measure, with new “semiconductor tariffs” expected within the next two months.
Speaking on ABC’s This Week, Lutnick said the administration’s move to exclude products like smartphones, solar cells and flat-panel displays from tariffs was part of a broader plan to push for domestic manufacturing. “All those products are going to come under semiconductors,” he said. “We need to have chips, flat panels and these components made in America.”