this post was submitted on 13 Apr 2025
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Commerce Secretary Lutnick says tariff exemptions for electronics are only temporary: Lutnick said "semiconductor tariffs" will likely come in "a month or two.". (abcnews.go.com)
submitted 1 week ago* (last edited 1 week ago) by Tea@programming.dev to c/technology@lemmy.world
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Commerce Secretary Howard Lutnick said Sunday that the administration's decision Friday night to exempt a range of electronic devices from tariffs implemented earlier this month was only a temporary reprieve, with the secretary announcing that those items would be subject to "semiconductor tariffs" that will likely come in "a month or two."

"All those products are going to come under semiconductors, and they're going to have a special focus type of tariff to make sure that those products get reshored. We need to have semiconductors, we need to have chips, and we need to have flat panels -- we need to have these things made in America. We can't be reliant on Southeast Asia for all of the things that operate for us," Lutnick told "This Week" co-anchor Jonathan Karl.

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[–] barneypiccolo@lemm.ee 19 points 1 week ago* (last edited 1 week ago)

I caught that the instant he said it. So they are planning another round of Market Manipulation in a month or two, got it.

We've already had 3 rounds, in less than 90 days. It seemed like his 90 day pause on this last round was a bit longer because he wanted to let it cool down, but I knew he wouldn't be able to resist the lure of dirty money at the expense of the poors.

I'm happy for the heads up. Unfortunately, I dont have the kind of money required to take full advantage of this, but at least Ill know to hang on.