this post was submitted on 13 Apr 2025
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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
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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.

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[–] Buelldozer@lemmy.today 83 points 4 days ago* (last edited 4 days ago) (2 children)

These people are all fucking idiots. No business can plan anything when costs are whipsawing and our trading partners are already tired of reacting to these near daily changes.

I just don't have language strong enough to convey my utter exasperation and the depth of my contempt for these people.

[–] GnuLinuxDude@lemmy.ml 14 points 4 days ago

They don't even have a Steve Mnuchin type character this time who at least has a clue about how things work. This time Trump surrounded himself with all of the dumbest and most loyal kool-aid drinkers.

[–] Coreidan@lemmy.world 7 points 3 days ago

They all work for Putin. What you see is by design.

We lost the Cold War.