US tech tariff exemption may only be temporary, says Lutnick Commerce secretary says products given reprieve will fall under separate regime

Howard Lutnick on Trump's smartphone, laptop tariffs exemption: “What he’s doing is he’s saying they’re exempt from the reciprocal tariffs. But they’re included in the semiconductor tariffs, which are coming in probably a month or two.”
www.ft.com/content/9038...

The exclusion covers more than $300 billion worth of trade, including $100 billion from China, about a quarter of Chinese imports. It's a huge change and the put it out late on a Friday night with no press release

Trump excludes smartphones from reciprocal tariffs after market rout Exemption is first sign of softening of levies against China and provides a huge boost for Apple

Some big exemptions to Trump's reciprocal tariffs here, notably on consumer goods like smartphones, laptops, earphones etc. Big win for US tech, esp Apple. www.ft.com/content/3eb4...

Donald Trump hits Canada, Mexico and China with steep tariffs US president fires starting gun on possible trade war with levies of up to 25% on goods imported from trading partners

Donald Trump hits Canada, Mexico and China with steep tariffs

www.ft.com/content/b9101226-edc1-4c...

Canada is the top export market for 36 U.S. states, and Mexico for six.

Another great trade fact from Ed Gresser! mailchi.mp/ppionline/tr...

Peter Navarro nominated as senior adviser in Trump White House [FREE TO READ] Loyal former aide was imprisoned for contempt of Congress over January 6 storming of the Capitol

Peter Navarro returns... Peter Navarro nominated as senior adviser in Trump White House on.ft.com/3Vm9ZSK