India, April 17 -- Last Friday's tariff break on electronics like smartphones and laptops is just a breather, as media reports say they could soon face individual tariffs alongside semiconductors. While Trump is expected to reveal more details on chip tariffs, this has sparked alarm in the chip industry, with industry insiders in Taiwan weighing three scenarios, the worst involving duties over 100%, according to the Economic Daily News.

As per CNN, AP and Reuters, U.S. Commerce Secretary Howard Lutnick said Trump plans to roll out "special focus" tariffs on smartphones, computers, and other electronics within a month or two-alongside sector-specific duties on semiconductors and pharmaceuticals. These would be separate from the broader re...