#USElectronicsTariffs #USElectronicsTariffs Update – April 2025

The U.S. has temporarily exempted smartphones, laptops, and other consumer electronics from the new 145% tariffs on Chinese imports. However, these items still face a 20% fentanyl-related levy and may soon be targeted under a separate national security review. Commerce Secretary Howard Lutnick warned the exemptions are short-lived, with upcoming tariffs aimed at semiconductors and broader electronics. The shifting policies have rattled markets, with the S&P 500 down 10%. Industry leaders warn of rising prices and global supply disruptions as the Biden administration weighs long-term strategies for tech independence and national security.