U.S. Tariff Exemptions for Electronics Are ‘Temporary,’ Says Commerce Secretary

The Trump administration’s exemption on tariffs for electronics may be short-lived.

Commerce Secretary Howard Lutnick said Sunday that the White House’s decision to exempt items like smartphones, computers, and other consumer electronics from steep tariffs earlier this month was only temporary.

A new set of duties focused on semiconductors is expected within “a month or two,” he said.

“All those products are going to come under semiconductors, and they’re going to have a special focus type of tariff to make müddet that those products get reshored,” Lutnick said during an interview on ABC’s This Week.

The goal, he added, is to encourage chip and flat panel production in the U.S. and reduce dependence on Asian manufacturing. The clarification follows a bulletin from U.S. Customs and Border Protection released late Friday bringing a temporary exemption for a range of key electronics from the reciprocal tariffs President Donald Trump announced earlier this month.

However, Lutnick emphasized that those same items would soon be swept up under a more targeted policy aimed at “national security” industries like semiconductors and pharmaceuticals.

“We need to have chips, and we need to have flat panels — we need to have these things made in America,” Lutnick said.

The price of bitcoin dropped roughly 1% on headlines reporting on Lutnick’s words, before recovering back to the $84,000 mark. The wider crypto market, measured by the CoinDesk 20 (CD20) index, is down roughly 1.6% in the last 24-hour period.

İlginizi Çekebilir:The Protocol: Nvidia To Manufacture AI Supercomputers in U.S., New Opportunities for Crypto Miners
share Paylaş facebook pinterest whatsapp x print

Benzer İçerikler

DAO Governance Platform Agora Acquires Older Competitor, Boardroom
SEC Seeks to Dismiss Three of Kraken’s Key Defenses in U.S. Lawsuit
XRP, DOGE Plunge 10% as Fresh Trump Tariffs Hit China Markets
Jupiter’s Acquisition Spree, Buyback Plan Spark Solana Ecosystem Dominance Concerns
KuCoin to Pay Nearly $300M Fine After Pleading Guilty to DOJ Charges
Grayscale ETF Application Helps Cardano’s ADA Outshine Bitcoin and Ether
Bahis Haberleri | © 2025 |
404 Not Found

404

Not Found

The resource requested could not be found on this server!


Proudly powered by LiteSpeed Web Server

Please be advised that LiteSpeed Technologies Inc. is not a web hosting company and, as such, has no control over content found on this site.