Skip to main content
See every side of every news story
Published loading...Updated

US Commerce Secretary says exempted electronic products to come under separate tariffs

  • The Trump administration announced exemptions for smartphones, computers, and electronics from high tariffs, but these exemptions are temporary, according to Commerce Secretary Howard Lutnick.
  • Lutnick indicated that while electronics are currently exempt, they will still face additional semiconductor tariffs shortly.
  • Markets reacted to Trump's announcements, with the Dow Jones plunging 1,000 points amid fears of a trade war, indicating significant market volatility.
  • Tariffs on Chinese products have increased to 145%, impacting the stock market, which experienced a significant drop following the announcements.
Insights by Ground AI

330 Articles

Center

On April 14, 2025, El Venezolano).- U.S. Trade Secretary Howard Lutnick stated on Sunday that the exemption of tariffs for smartphones, various components of computers and semiconductors - announced in the last hours - is temporary, as electronic devices will have a specific charge "soon", notes EFE. "All these products will be included in the semiconductor category and will have a specific tariff (...) They will be included in the semiconductor…

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 44% of the sources are Center
44% Center

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Associated Press News broke the news in United States on Saturday, April 12, 2025.
Sources are mostly out of (0)
News
For You
Search
BlindspotLocal