00:00It's Benzinga bringing Wall Street to Main Street.
00:02President Donald Trump announced plans to reveal the new tariff rate on important
00:05semiconductors in the coming week, according to Reuters. The announcement raises uncertainty
00:10over whether exemptions from smartphones and computers will remain. Commerce Secretary Howard
00:15Lutnick signaled that new duties on critical tech products from China could be imposed within two
00:21months. The announcement files a temporary reprieve for tech firms like Apple and NVIDIA,
00:26which had benefited from exemptions. Market volatility intensified,
00:31the S&P 500 swinging sharply. For all things money, visit Benzinga.com slash GSTV.
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