New tariffs 'coming soon': US trade secretary says duty exemptions for electronics temporary
Commerce Secretary Howard Lutnick announced that while certain electronic devices are temporarily exempt from recent tariffs, they will soon face new "semiconductor tariffs" within a couple of months, aiming to reshore production to America. China has urged the U.S. to completely cancel its reciprocal tariffs and correct its mistakes, viewing the exemptions as insufficient amidst the ongoing trade war.
Commerce Secretary Howard Lutnick announced that while certain electronic devices are temporarily exempt from recent tariffs, they will soon face new "semiconductor tariffs" within a couple of months, aiming to reshore production to America. China has urged the U.S. to completely cancel its reciprocal tariffs and correct its mistakes, viewing the exemptions as insufficient amidst the ongoing trade war. What's Your Reaction?
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