Trump exempts phones, computers, chips from new tariffs

[BumRushDaShow]

Source: CNBC

Published Sat, Apr 12 2025 9:19 AM EDT | Updated 13 Min Ago


Smartphones and computers are among many tech devices and components that will be exempted from reciprocal tariffs imposed by President Donald Trump, according to new guidance from U.S. Customs and Border Protection.

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

The guidance also includes exclusions for other electronic devices and components, including semiconductors, solar cells, flat panel TV displays, flash drives, and memory cards.

These products could eventually be subject to additional duties, but they are likely to be far lower than the 145% rate that Trump had imposed on goods from China. The exemptions are a win for tech companies like Apple, which makes more than 80% of its products in China. The country manufactures 80% of iPads and more than half of Mac computers produced, according to Evercore ISI.

Read more: https://www.cnbc.com/2025/04/12/trump-exempts-phones-computers-chips-tariffs-apple-dell.html

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And it's because of shit like this that causes "glitches" to happen - https://www.democraticunderground.com/10143439097

Article updated.

Previous article -

Published Sat, Apr 12 2025 9:19 AM EDT | Updated 4 Min Ago


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 125% 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 semiconductors, solar cells, flat panel TV displays, flash drives, memory cards and solid-state drives used for storing data.


This is breaking news. Please check back for updates.

Original article -

Published Sat, Apr 12 2025 9:19 AM EDT


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

This is breaking news. Please check back for updates.