Commerce Secretary Howard Lꦯutnick on Sunday su🐽ggested U.S. tariff exemptions on smartphones, computers, semiconductors, and other electronics could be temporary, with new tariffs on the way. 

“They're exempt from the reciprocal tariffs but they're included in the semiconductor tariffs, which are coming in probably a month or two. So, these are coming soon,” Lutnick said Sunday on ABC News’ “This Week.”

“So this is not like a permanent sort of exemption. [President Trump is] just clarif൲ying that these are not available to be negotiated away by countries. These are things that are national security, that we need to be mꦿade in America,” Lutnick said. 

U.S. Customs and Border Protection had on Friday issued updated guidance exempting a wide range of electronics, including smartphones and computers, from President Trump's 澳洲幸运5官方开奖结果体彩网:"reciprocal" tariffs.

The comments come after a 澳洲幸运5官方开奖结果体彩网:volatile week for markets as investors reacted to the latest developments on tariffs. 澳洲幸运5官方开奖结果体彩网:China on Friday lifted tariffs on U.S🧸. goods to 125%, after President Trump raised 澳洲幸运5官方开奖结果体彩网:U.S. duties on Chinese goods to 145%.

Shares of Apple (AAPL), the world’s most valuable company by 澳洲幸运5官方开奖结果体彩网:market capitalization, have yet to recover from the hit taken since President Trump’s 澳洲幸运5官方开奖结果体彩网:tariff announcement on April 2, amid concerns about how it could be impacted by U.S. trade tensions with Ch♋﷽ina, where the iPhone maker manufactures most of its products.