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Trump defends tariff exemptions for electronics: Nobody getting ‘off the hook’

  • US President Donald Trump announced new tariffs on semiconductors and mentioned a national security trade probe into the semiconductor sector, stating details would be revealed within a week.
  • Howard Lutnick, Trump's commerce secretary, confirmed that semiconductor tariffs would likely be implemented in one to two months, heightening uncertainty in the tech industry.
  • Trump asserted that nobody is getting 'off the hook' for the unfair trade balances, emphasizing his stance on trade negotiations with China.
  • Trump indicated that tariff exemptions for electronics are likely to be temporary, with upcoming sector-specific tariffs affecting technology products from China.
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Trump's tariff exemptions give markets relief, but tensions loom

US tariffs exemptions for electronics prompted market rallies Monday from Asia to Wall Street but failed to settle nerves over a global trade war that Chinese leader Xi Jinping warned would have "no winner."

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futurezone.at broke the news in on Sunday, April 13, 2025.
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