Trump exempts smartphones, computers and chips from ‘reciprocal’ tariffs

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Smartphones and computers will not be subject to President Donald Trump’s reciprocal tariffs, according to updated guidance from US Customs and Border Protection.

The clarification comes after Trump earlier this month imposed steep 125% tariffs on Chinese imports—a move that had raised concerns for technology giants like Apple, which manufactures the majority of its products in China.

The HSN codes excluded from the reciprocal tariff order cover a range of tech products, including smartphones, telecom equipment, chipmaking machinery, recording…



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Trump exempts smartphones, computers and chips from ‘reciprocal’ tariffs


Smartphones and computers will not be subject to President Donald Trump’s reciprocal tariffs, according to updated guidance from US Customs and Border Protection.

The clarification comes after Trump earlier this month imposed steep 125% tariffs on Chinese imports—a move that had raised concerns for technology giants like Apple, which manufactures the majority of its products in China.

The HSN codes excluded from the reciprocal tariff order cover a range of tech products, including smartphones, telecom equipment, chipmaking machinery, recording…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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