Trump’s tech tariff pivot draws criticism, sparks economic and market concerns

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Trump’s commerce secretary, Howard Lutnick, earlier on Sunday said that critical technology products from China would face separate new duties along with semiconductors within the next two months read more US President Donald Trump signs an executive order as Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick look on in the Oval Office of the White House. AFP U.S. President Donald Trump on Sunday bore down on his administration’s latest message that the exclusion of smartphones and computers from his reciprocal tariffs on China will be short-lived, pledging a national security trade investigation into the semiconductor sector. Those electronics...