00:00Remember, those products are going to be part of the semiconductor sectoral tariffs, which
00:06are coming.
00:07So you're going to see this week, there'll be a register in the federal registry, there'll
00:11be a notice put out.
00:14That is different types of work.
00:16So we're going to do that.
00:17We did that in autos.
00:18The president's going to do it for pharmaceuticals, and he is going to do it for semiconductors.
00:23So all those products are going to come under semiconductors, and they're going to have
00:26a special, focused type of tariff to make sure that those products get reassured.
00:32We need to have semiconductors, we need to have chips, and we need to have flat panels.
00:37We need to have these things made in America.
00:38We can't be reliant on Southeast Asia for all of the things that operate for us.
00:44So what he's doing is he's saying they're exempt from the reciprocal tariffs, but they're included
00:50in the semiconductor tariffs, which are coming in probably a month or two.
00:56You shouldn't think this is really outside of it, really think of it as being included
01:03in the semiconductor space, much like pharmaceuticals.
01:06So this is not like a permanent sort of exemption.
01:09He's just clarifying that these are not available to be negotiated away by countries.
01:15These are things that are national security that we need to be made in America.
01:26So let's get started.
01:33Let's get started.
01:35Let's get started.
01:37Let's get started.
01:39Let's get started.
01:49Let's do it.
01:53Let's get started.
01:58Let's get started.
02:03Let's get started.
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