Trump prepares for major announcement on semiconductor tariffs
US President Donald Trump has stated that he is about to make a major announcement regarding his administration's position on tariffs on semiconductors, which are imported primarily from China and Taiwan.
In this context, US Commerce Secretary Howard Lutnick explained during an interview on This Week with host Jonathan Karl that the recent exemption of some electronic devices from customs duties is merely a temporary reprieve. He confirmed that these devices will later be subject to what is known as "semiconductor duties," which are expected to be implemented within a month or two.
Lutnik added:
“We need to manufacture chips, displays, and semiconductors in America. We cannot continue to rely on Southeast Asia.”
He noted that the goal of these tariffs is to encourage vital technology industries—such as semiconductors and pharmaceuticals—to return to manufacturing within the United States, considering this decision a matter of national security.
The US Customs Administration announced last Friday that products such as smartphones, computers, display screens, and storage devices will be exempt from the tariffs announced on April 2, meaning they will now avoid Chinese import duties and Trump's 10% general tariff.
However, Lutnick emphasized that these exemptions are not permanent, but rather a transitional step before the imposition of a new tariff model that will ensure these products are manufactured locally.
In light of these changes, forecasts point to a severe market correction in 2025. Here, the advice of the famous investor Warren Buffett comes to mind. He is known for his ability to deal with market crises by choosing strong, low-risk stocks that align with his defensive strategy and outperform the market in difficult times.