Although the Trump administration further explainedTariff exemption scope, so that products including iPhones will not be affected by high tariffs, and only need to pay an additional 10% standard additional tariff, but U.S. Secretary of Commerce Howard LutnicInterview with ABC NewsHowever, it was revealed that it was not as the market understood, but that it would be re-classified into the "semiconductor tariff" category, and the specific tax calculation method is expected to be announced within the next 1-2 months.
Howard Lutnic explained that the US government still hopes to move the production of key products such as semiconductors and display panels back to the United States to reduce dependence on external supply chains. Therefore, it will establish a relevant tariff model to "encourage" US semiconductor companies to move related production lines back to the United States. At the same time, it will also drive more industries such as medical care to move back to the United States.
At the same time, Howard Lutnic also emphasized that such products will not be included in the scope of judgment, and based on US national security considerations, only relevant industries can cooperate.
It is currently unclear what the "semiconductor tariffs" category Howard Lutnic refers to will cover, how the tax will be calculated, or how much it will be levied. However, it is clear that this will have a certain impact on products produced outside the United States but sold within the United States.
