Trump excludes some electronics from reciprocal tariffs

Quick Summary:

Smartphones and electronic integrated circuits now qualify for the “semiconductor” exemption, but officials say sector-specific duties are coming.

On Tuesday, the president said “major tariffs” on pharmaceutical products — which are currently exempt from reciprocal tariffs — were still part of the plan.

Earlier in the week, the U.S.escalated its trade war with China by hiking the country’s reciprocal tariff rate to 125% despite lowering it for most other countries.

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Article Details

Author / Journalist: Edwin Lopez

Category: Business

Markets: United StatesChina

Topics: China President List Reciprocal Tariff Other Tariffs Electronics Products Qualify Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-14 @ 12:23:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 728 words

Reading Time: 5 minutes read

Sentences: 33 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 27894304

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Official Website: retaildive.com

Year Established: 2012

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News Last Updated: 1 days ago

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