According to U.S. Commerce Secretary Howard Lutnick, the tech industry may not be immune to new tariffs.
The Trump administration announced Friday night Consumer electronic devices such as laptops and smartphones will be exempted From tariffs announced earlier this month. (Trump Many tariffs have been postponed This week, he gave a 10% benchmark tariff, while also imposing a 125% tariff on Chinese goods.
Report on exemptions It pointed out that technology products may still be affected by targeted tariffs, and semiconductors have been subject to special scrutiny.
Lutnik is more clear on Sunday morning interview On the ABC show “This Week,” Trump is making these products “free from reciprocity tariffs” but including them “in semiconductor tariffs, about a month or two later.”
“All of these products will be semiconductors under semiconductors, and they will have special tariff types to ensure these products are reused,” Lutnick said. “We need to have semiconductors, we need to have chips, we need to have flat panels – we need to make these things in the United States.”
Lutnick said “I don’t think so” about whether the price for American consumers means higher prices, and stressed again: “I think our idea is that we can make in the United States.” (Others say Lutnik’s Vision That “an army of millions of humans screws to make iPhones, and this kind of thing will come to the United States” fantasy)
Trump himself is Ask semiconductor tariffs This weekend, he said, “I’ll give you this answer on Monday.”
