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Trump Promises New Electronics Duties Within Months

Trump Promises New Electronics Duties Within Months

President Trump clarified that smartphones and electronics are not exempt from tariffs on Chinese imports, but merely moved to a different “tariff bucket.”

He plans to launch a national security investigation into semiconductors and the electronics supply chain.

Despite a temporary 90-day exemption announced Friday, Commerce Secretary Lutnick confirmed that critical technology products will face new duties within two months.

The trade tensions have caused significant market volatility, with the S&P 500 down over 10% since Trump took office.

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