https://sputnikglobe.com/20250413/us-commerce-secretary-calls-tariff-exemption-for-tech-devices-temporary-1121865940.html
US Commerce Secretary Calls Tariff Exemption for Tech Devices Temporary
US Commerce Secretary Calls Tariff Exemption for Tech Devices Temporary
Sputnik International
The United States has temporarily exempted electronics and semiconductors from its new "reciprocal" tariffs as it prepares to impose separate sectoral duties on them in the coming months, US Secretary of Commerce Howard Lutnick said on Sunday.
2025-04-13T15:07+0000
2025-04-13T15:07+0000
2025-04-13T15:07+0000
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On Friday, the US administration exempted smartphones, computers, hard drives and a number of other electronics from the new import tariffs. China Slams American Tariffs Washington's decision to exempt chip-based technology from "retaliatory" tariffs is a tiny step forward but Beijing wants it to abandon the new tariffs altogether and return to the path of mutual respect, the Chinese Ministry of Commerce said on Sunday. The Chinese ministry said that Trump's executive decree on tariffs violated basic economic and market laws and ignored the complementary nature of cooperation between countries.Since their introduction, these tariffs have failed to solve any of US domestic problems, undermined the international trade and economic order, interfered with industrial production and daily public consumption, the ministry said.China urges the US to listen to the international community's voice of reason, take a broad step toward correcting its mistakes, abandon the practice of imposing "retaliatory tariffs" and return to the path of mutual respect and fair dialog, the ministry said.
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US Commerce Secretary Calls Tariff Exemption for Tech Devices Temporary
WASHINGTON (Sputnik) - The United States has temporarily exempted electronics and semiconductors from its new "reciprocal" tariffs as it prepares to impose separate sectoral duties on them in the coming months, US Secretary of Commerce Howard Lutnick said on Sunday.
On Friday, the US administration exempted smartphones, computers, hard drives and a number of other electronics from the new import tariffs.
"Those products are going to be part of the semiconductor sectoral tariffs, which are coming … They are exempted from reciprocal tariffs, but they are included in the semiconductor tariffs, which are coming in probably a month or two," Lutnick told the ABC News broadcaster.
China Slams American Tariffs
Washington's decision to exempt chip-based technology from "retaliatory" tariffs is a tiny step forward but Beijing wants it to abandon the new tariffs altogether and return to the path of mutual respect, the Chinese Ministry of Commerce said on Sunday.
"It must be noted that this is a small step by the United States forward toward correcting its erroneous action of unilaterally imposing ‘retaliatory tariffs'," the ministry said.
The Chinese ministry said that Trump's executive decree on tariffs violated basic economic and market laws and ignored the complementary nature of cooperation between countries.
Since their introduction, these tariffs have failed
to solve any of US domestic problems, undermined the international trade and economic order, interfered with industrial production and daily public consumption, the ministry said.
China urges the US to listen to the international community's voice of reason, take a broad step toward correcting its mistakes, abandon the practice of imposing "retaliatory tariffs" and return to the path of mutual respect and fair dialog, the ministry said.