U.S. Secretary of Commerce: The tariff exemptions on electronic products in the U.S. may be temporary
ChainCatcher news, according to Jinshi reports, U.S. Secretary of Commerce Gina Raimondo stated in an interview that electronic products such as smartphones, laptops, and wireless headphones that received tariff exemptions will be re-examined as part of the government's investigation into the semiconductor industry. These products may be included in tariffs on the semiconductor industry, which could be introduced in a month or two.
When U.S. Secretary of Commerce Gina Raimondo was asked to clarify whether tariffs on iPhones would "resume in about a month," Raimondo replied, "That's right. We need our pharmaceuticals, semiconductors, and electronics produced in the U.S." Her remarks will heighten corporate uncertainty regarding Trump's tariff measures. Trump's tariff initiatives have seen a series of reversals and led to a massive sell-off in the U.S. Treasury market worth $29 trillion last week.
Additionally, Raimondo mentioned that tariffs on the pharmaceutical industry will be introduced in the next month or two.