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		<title>Commerce Secretary Lutnick says tariff exemptions for electronics are only temporary</title>
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		<pubDate>Sun, 13 Apr 2025 13:45:11 +0000</pubDate>
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					<description><![CDATA[Commerce Secretary Howard Lutnick said Sunday that the administration&#8217;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 &#8220;semiconductor tariffs&#8221; that will likely come in &#8220;a month or two.&#8221; &#8220;All those products [&#8230;]]]></description>
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<p class="EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC ">Commerce Secretary Howard Lutnick said Sunday that the administration&#8217;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 &#8220;semiconductor tariffs&#8221; that will likely come in &#8220;a month or two.&#8221;</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">&#8220;All those products are going to come under semiconductors, and they&#8217;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 &#8212; we need to have these things made in America. We can&#8217;t be reliant on Southeast Asia for all of the things that operate for us,&#8221; Lutnick told &#8220;This Week&#8221; co-anchor Jonathan Karl.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">He continued, &#8220;So what [President <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://abcnews.go.com/alerts/jd-vance" id="_ap_link_Donald Trump_JDVance_" target="_blank">Donald Trump</a>&#8216;s] doing is he&#8217;s saying they&#8217;re exempt from the reciprocal tariffs, but they&#8217;re included in the semiconductor tariffs, which are coming in probably a month or two. So these are coming soon.&#8221;</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">The administration&#8217;s clarification comes after a U.S. Customs and Border Protection bulletin was posted Friday night outlining key electronics &#8212; smartphones, computers, solar cells, flat-panel TV displays and semiconductor-based storage devices, among others &#8212; would be exempt from the tariffs announced since April 2. That meant those products would not be subject to steep tariffs on Chinese imports, nor the global 10% tariff rate President Donald Trump had imposed.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Lutnick said on &#8220;This Week&#8221; that the White House will implement &#8220;a tariff model in order to encourage&#8221; the semiconductor industry, as well as the pharmaceutical industry, to move its business to the <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://abcnews.go.com/alerts/us-military" id="_ap_link_United States_USMilitary_" target="_blank">United States</a>.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">&#8220;We can&#8217;t be beholden and rely upon foreign countries for fundamental things that we need,&#8221; he said. &#8220;So this is not like a permanent sort of exemption. He&#8217;s just clarifying that these are not available to be negotiated away by countries. These are things that are national security that we need to be made in America.&#8221;</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC eTIW sUzSN "><em class=" ">This is a developing story. Please check back for updates.</em></p>
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