From an interview on ABC:
- Electronics products will be part of upcoming sectoral tariffs
- Pharma tariffs also coming in the next month or two
- US has had ‘soft entrees’ through intermediaries with China on tariffs
- Not concerned about the US dollar
There were some real hopes building for a strong open in tech stocks based on the earlier tariff reversal but now we’re reversing the reversal
Lutnick: Electronics products will have special tariffs coming in a month or so