Electronics Tariff Exemptions May Expire Soon, Says Commerce Secretary
The Trump administration’s exemption of smartphones and consumer electronics from reciprocal tariffs may not last long, according to new remarks from Commerce Secretary Howard Lutnick.
Speaking Sunday on ABC’s This Week, Lutnick clarified that the tariff break on electronics—announced earlier this month—was only temporary, and a new set of duties focused on semiconductors is already in the works.
“All those products are going to come under semiconductors,” Lutnick said, “and they’re going to have a special focus type of tariff to make sure those products get reshored.”
Targeted Tariffs Coming for Tech and National Security Sectors
According to Lutnick, new tariffs will be introduced within “a month or two”, targeting chips, flat panel displays, and other components essential to U.S. tech infrastructure. The move follows a Friday bulletin from U.S. Customs and Border Protection that temporarily exempted several tech items from the broader reciprocal tariffs President Trump announced earlier this month.
“We need to have chips, and we need to have flat panels — we need to have these things made in America,” Lutnick added, citing national security concerns and the push to reduce reliance on Asian manufacturing.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
