New tariffs ‘Cumming Soon’: US Trade Secretary says that duty discounts for electronics temporary

The Commerce Secretary said that the recent decision of the US administration to exempt various electronic equipment from the tariff presented earlier this month is not permanent. Howard Lutenic On Sunday.
He clarified that these products will soon face “semiconductor tariffs”, “within a month or two” is expected to be implemented.
ABC News “Speaking at this week’s program, Lutynik said,” All those products are going to be under semiconductor, and they are going to be a special focus type tariff to ensure that those products are re -connected. Those products need semiconductors, we need chips, and we need everything.
“So what [President Donald Trump’s] They are saying that they are exempt from mutual tariffs, but they are included Semiconductor tariffWhich are probably coming in a month or two. So they are coming soon, “he said.
He said, “We cannot seek and trust foreign countries for the basic things we need. So it is not like a permanent type of discount. He is just making it clear that these countries are not available to interact. These are things that we need to make in America,” he said.
Meanwhile, China has called upon the states to “completely cancel” its mutual tariffs to “correct their mistakes”. It described the tariff discount as a “small step” and said that the Asian nation was “evaluating” the impact of the decision.
The Commerce Ministry spokesman said in a statement, “We urge the US … take a big step to correct our mistakes, completely cancels the wrong practice of mutual tariffs and returns to the right path of mutual respect.”
The Trump administration said on Saturday that the major electronic products-smartphones, computers, solar cells, flat-panel TV displays, and semiconductor-based storage devices will be exempted from tariffs declared from April 2. As a result, these items will not be affected by sugar imports or standing tariffs at a comprehensive 10% global Tarif rate.
China and the United States are shut down in a growing tariff war from Trump’s announcement to fulfill global duties earlier this month, which is a shocking in 145% of blanket tariffs on Chinese goods. In response, China returned with an anti -125% subscriber import tariff on US products. However, Trump later announced a 90-day tariff for most countries, which China was exempted from exemption to calm the shaking global markets, deepening the trade deadlock.