#USElectronicsTariffs ⏰️Tick, tock... a tariff storm is coming!🌪⛈️
U.S. Secretary of Commerce, Howard Lutnick, dropped the bomb this Sunday: smartphones, computers, and other tech products that had been spared from Trump's tariff slash are now in the crosshairs again — and with everything.
When? In the next 1 or 2 months...💣 💥boom!
🎙In an interview on ABC's This Week program, Lutnick made it clear that the new tariffs will be special and separate from the current 'reciprocal' tariffs, which have already risen to 125% for Chinese products this week. Yes, you read that right! One hundred twenty-five percent.
❓️👉🏻And what do they include?
Smartphones 📱
Laptops 💻
Semiconductors ⚙️
Pharmaceuticals 💊
All with the aim of “reinforcing domestic manufacturing” in the U.S. (Does it sound like an election campaign? We thought so too...)
🙈🙉🙊 But there's more drama
On Friday night, the Trump administration had given a breather exempting giants like Apple and Dell from mega tariffs. But now... plot twist! Lutnick says there will be taxes on those products, just through another route. Master move or total confusion? 🤯
🇨🇳China, for its part, responded with its classic zen-lethal style:
>🐯🔔“The bell on a tiger's neck can only be unfastened by the one who tied it”
— Ministry of Commerce of China
🐅🐯And the tiger roars loudly! China is evaluating how to respond, while the U.S. continues to leave China out of active negotiations, according to Peter Navarro, another of Trump's advisors.
🌐🛒And what does the market say?
Billionaire Bill Ackman, a Trump fan but anti-tariffs, requested to suspend the taxes for 90 days to avoid putting American companies in jeopardy. The tensions are boiling hot! 🔥
📌 Sources:
ABC News, Cointelegraph, official statements from the White House and associated media.
🤔👉🏻And what do you think?
Do you think this move will force Apple🍎, Dell 💻, and other giants to manufacture in the U.S.? Or will it be a shot in the foot🦶🔫 for the consumer?
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