Commerce Secretary Howard Lutnick confirmed that select electronics will be temporarily exempt from newly imposed tariffs, providing short-term relief for U.S. manufacturers that rely on imported components. The exemption is aimed at helping industries transition to new sourcing arrangements following the administration’s broader tariff actions, according to an NMMA statement.
“They’re exempt from the reciprocal tariffs, but they’re included in the semiconductor tariffs, which are coming in probably a month or two,” Lutnick said, according to reporting by the Associated Press.
For marine manufacturers, this update may affect electronics that depend on global supply chains, NMMA said. The association encourages members who rely on imported electronics to review their supply chains and prepare for the phase-out of these exemptions.
Manufacturers with questions about the policy or seeking guidance can contact Clay Crabtree, NMMA senior director of public policy, at [email protected].
