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This was obvious to me before he even announced it.
2025-04-13
150 words
1 min read
This was obvious to me before he even announced it.
Hence why many manufacturers are currently seeking operations stateside
Not So Fast: Lutnick Says Semiconductor Tariffs Coming “In Month Or Two”, Exemption Is Only “Temporary”
..When Karl asked to clarify whether tariffs on Apple iPhones and other smartphone devices might “come back on in a month or so,” Lutnick replied, “Correct. That’s right: We need our medicines, semiconductors, and electronics to be built in America.”
Lutnick’s comments came after Customs and Border Protection posted updated guidance late Friday night on product exclusions from President Trump’s reciprocal tariffs, imposed under Executive Order 14257 and its amendments (EO 14259). The exclusions cover a wide range of electronic devices, including smartphones, laptops, and related components.
Lutnick also said that Trump would implement “a tariff model to encourage” the semiconductor and pharmaceutical industries to re-shore supply chains back to the Heartland
https://www.zerohedge.com/markets/trump-exempts-computers-handsets-chips-reciprocal-tariff-blitz
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