Temporary Archives

Trump Administration Tariffs: Trump warns ‘no one is off the hook’ despite Lutnick’s claim of electronics getting temporary tariff reprieve

File photo: US commerce secretary Howard Lutnick (left) and US President Donald Trump (Picture credit: AP) US commerce secretary Howard Lutnick on Sunday said the Trump administration’s decision to temporarily exempt electronics like smartphones and laptops from steep new import tariffs was not permanent and that the products would soon fall under a new policy […]

New tariffs ‘coming soon’: US trade secretary says duty exemptions for electronics temporary

US administration’s recent decision to exempt various electronic devices from tariffs introduced earlier this month is not permanent, said commerce secretary Howard Lutnick on Sunday.He clarified that these products would soon face “semiconductor tariffs,” expected to be implemented within “a month or two.”Speaking at ABC news’ ‘This Week’ programme, Lutnick said, “All those products are […]