Minister of Commerce Lutnick

Commerce Secretary Howard Lutnick returns to the countdown tariff exemption for choosing electronics recently announced in the U.S. Customs and Border Protection’s April 12 announcement.

On April 13, Lutnick told ABC News until the government established an industry tariff regime for semiconductor products, which included phones, graphics processors and computing chips in “or two months.” Lutnik added:

“President Trump has called drugs, semiconductors and cars. He calls it departmental tariffs that cannot be used for negotiations. They just make sure we make sure we make sure we make core national security projects in this country.”

“We can’t rely on China to achieve the basic things we need. Our drugs and semiconductors need to be built in the United States,” Lutnik continued. The official also said he was confident that the United States and China negotiated a trade deal.

Highlights of national security and critical industries may indicate that trade tariffs will be a long-term geostrategic policy, not just a short-term negotiation strategy, making our exports more attractive, as some analysts have suggested.

Related: Bitcoin’s “departure” stocks lost 3.5 tons amid Trump’s tariff war and warning “higher inflation.”

Trade war strengthens volatility and causes markets to plummet

Trump’s trade tariffs collapsed stock and cryptocurrency markets as investors feared a long trade war between the United States and its trading partners, which dumped riskier assets and eliminated shareholder value trillions of dollars.

In an April 10 X post, Bloomberg analyst Eric Balchunas listed the Spy U.S. Stock History Scale, proving that the S&P 500 S&P 500 Stock Index is now more volatile than Bitcoin (BTC).

According to analysts, the S&P 500’s volatility level in April was 74 compared to Bitcoin’s 71.