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Trump Exempts Phones, Computers, Chips From New Tariffs

Tiger Newspress04-12

Smartphones and computers will be exempted from President Donald Trump’s reciprocal tariffs, according to new guidance from U.S. Customs and Border Protection.

The guidance comes after Trump earlier this month imposed 145% tariffs on products from China, a move that was poised to take a toll on tech companies like Apple, which makes iPhones and most of its other products in China.

The new tariff guidance also includes exclusions for other electronic devices and components, including laptops, semiconductors, solar cells, flat panel TV displays, flash drives, memory cards and solid-state drives used for storing data.

These products eventually could be subject to additional duties but they’re likely to be lower than the 145% rate that Trump had imposed on goods from China.

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Comment9

  • No exemptions on automotive? Musk not your friend....
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  • Pablo_Chua
    ·04-13
    Apple and Nvidia should rally on Monday 
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  • breAkdaWn
    ·04-13
    US manufacturing companies should be exempt from all tariffs
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  • Mike Lee
    ·04-12
    So Trump flipped. He knows USA doesn't have the cards 
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  • setia100
    ·04-12
     All big tech bosses & CEO had paid their due to dine with him. I read that NVIDIA Jenson Huang paid 1 million US to dine with him to remove H20 chip from sanctions list.😂
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  • Reallyxxx
    ·04-12
    Another week of statements from the clown and total chaos. It is too late already - trust has been completely lost and America has zero credibility left.
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  • lingling07
    ·04-12
    So we will see rally again on Monday?
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  • tanis
    ·04-12
    Favouritism? China should put a 145% tax on those goods exported to US.  =p
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  • This is really market manipulation at the highest level 
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