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Trump’s Ta...
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Trump’s Tariff Exemption for Tech Products Could Be Short-Lived

  • President Donald Trump has exempted electronics from the 'reciprocal' tariffs imposed on China, but they will be included in separate tariffs on semiconductors in the future.
  • U.S. Commerce Secretary Howard Lutnick stated that electronics goods like smartphones would eventually fall under the upcoming semiconductor tariffs.
  • The exemption of electronics from current tariffs could be short-lived, potentially resulting in the return of tariffs on products like iPhones in a few weeks.
  • This decision may generate further business uncertainty, as the government has reversed course on tariffs in the past, leading to market turmoil and sell-offs in the U.S. Treasurys market.

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