US Eyes New Tech Tariffs As Trump Shifts Policy Again, Sparking Market Jitters | News9

The Trump administration is set to impose a fresh wave of tariffs on smartphones, semiconductors, and other electronics in the coming months, signaling a sharp policy pivot. Commerce Secretary Howard Lutnick described the upcoming levies as "special focus" tariffs aimed at reshoring semiconductor and electronics manufacturing to the U.S., citing national security concerns. While major tech firms briefly benefited from a tariff exemption on Friday, the shifting policy has drawn criticism from lawmakers and business leaders alike, with fears rising over a potential U.S. recession. Market volatility surged as gold hit a record high and bond yields spiked, reflecting investor unease.
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