00:00It's Benzinga bringing Wall Street to Main Street.
00:02President Donald Trump confirmed Sunday that consumer electronics will still face tariffs,
00:06saying that nobody is off the hook, according to Bloomberg.
00:09Trump said the exempted electronics are simply being reassigned to a different territory category
00:14with plans to review semiconductors and the entire electronic supply chain for future levies.
00:20Commerce Secretary Howard Blotnick said the products would move under a new tariff focus
00:24on reshoring tech production, likely with a lower rate than 125 percent,
00:28potentially higher than 10 percent.
00:31For all things money, visit Benzinga.com slash GSTV.
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