this post was submitted on 13 Apr 2025
266 points (97.2% liked)

Technology

68864 readers
4674 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago
MODERATORS
L3s@lemmy.world
enu@lemmy.world
technopagan@lemmy.world
L4s@lemmy.world
L3s@hackingne.ws
L4s@hackingne.ws
266
Commerce Secretary Lutnick says tariff exemptions for electronics are only temporary: Lutnick said "semiconductor tariffs" will likely come in "a month or two.". (abcnews.go.com)
submitted 4 days ago* (last edited 4 days ago) by Tea@programming.dev to c/technology@lemmy.world
60 comments fedilink hide all child comments
 

Commerce Secretary Howard Lutnick said Sunday that the administration'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 "semiconductor tariffs" that will likely come in "a month or two."

"All those products are going to come under semiconductors, and they'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 -- we need to have these things made in America. We can't be reliant on Southeast Asia for all of the things that operate for us," Lutnick told "This Week" co-anchor Jonathan Karl.

you are viewing a single comment's thread
view the rest of the comments
[โ€“] Joncash2@lemmy.ml 11 points 4 days ago (1 children)

Your right. It could be both. I mean, my wife said to me the other day that she heard Trump was doing the tariffs to lower the bond interest rates. I said while in some types of recessions that's true, that wouldn't work in this case and you'd have to be an idiot to think it would. Sure enough the next day Trump puts a stay on tariffs to most of the world because the bond market got rocked. All I could think of is omg, are they really that fucking stupid?

[โ€“] phdepressed@sh.itjust.works 11 points 4 days ago

Tbf the bond market getting rocked was in large part due to Canada, Europe, and Japan doing coordinated but relatively minor sales of the bonds they hold as part of the tariff response. Carney probably understands global finances more than any other world leader for getting that done the way he did.