Tariff Uncertainty Reigns After Commerce Secretary Calls New Electronics Exemptions ‘Temporary’ and Hints at Levies on Computer Chips
The remarks have dampened earlier optimism for tech stocks and left traders scratching their heads once again about the future of American trade policy.
President Trump’s Commerce Secretary, Howard Lutnick, now says tariff exemptions announced Friday on electronics like smartphones and laptops are only a temporary reprieve until the administration develops a new tariff approach specific to the semiconductor industry.
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