Lutnick: Smartphone tariff exemptions are temporary

The Trump administration's move to exempt smartphones, computers and other electronics from sweeping reciprocal tariffs is only a temporary measure, Commerce Secretary Howard Lutnick said Sunday, indicating those devices would be covered by upcoming sector-based tariffs.

"This is not like a permanent sort of exemption. [Trump's] just clarifying that these are not available to be negotiated away by countries. These are things that are national security, that we need to be made in America,"...