US tech tariff exemption may only be temporary, says Lutnick
Commerce secretary says products given reprieve will fall under separate regime
Howard Lutnick on Trump's smartphone, laptop tariffs exemption: “What he’s doing is he’s saying they’re exempt from the reciprocal tariffs. But they’re included in the semiconductor tariffs, which are coming in probably a month or two.”
www.ft.com/content/9038...
13.04.2025 15:44 —
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The exclusion covers more than $300 billion worth of trade, including $100 billion from China, about a quarter of Chinese imports. It's a huge change and the put it out late on a Friday night with no press release
12.04.2025 12:53 —
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Trump excludes smartphones from reciprocal tariffs after market rout
Exemption is first sign of softening of levies against China and provides a huge boost for Apple
Some big exemptions to Trump's reciprocal tariffs here, notably on consumer goods like smartphones, laptops, earphones etc. Big win for US tech, esp Apple. www.ft.com/content/3eb4...
12.04.2025 15:07 —
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Canada is the top export market for 36 U.S. states, and Mexico for six.
Another great trade fact from Ed Gresser! mailchi.mp/ppionline/tr...
04.12.2024 19:07 —
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