Trump Excludes Phones, Laptops from Reciprocal Tariffs on Electrical Goods

Date:

The Trump administration has decided to exempt imported smartphones, laptops, and various electronics from reciprocal tariffs. Late Friday, Customs and Border Patrol released new guidance concerning reciprocal tariff negotiations, highlighting the exclusion of such goods from President Trump’s executive order dated April 2. This executive order had declared a national emergency due to non-reciprocal trade practices and global trade imbalances, subsequently elevating tariffs on China to 125%.

According to the updated guidance, which references a presidential memorandum also issued on Friday, the excluded products will not be subject to Trump’s 125% China tariff or the baseline 10% global tariff on certain countries. These exemptions apply to goods that left a warehouse starting April 5.

This move is projected to lessen the burden on consumers and could be advantageous for major electronics manufacturers like Apple, Samsung, and Dell. A White House official confirmed the implementation of these exemptions to Fox News.

Additionally, the exemptions extend to other electronic goods including hard drives, computer processors, solar cells, semiconductor manufacturing equipment, flat panel TV displays, and memory chips. Most of these consumer electronics are not manufactured in the U.S., and establishing domestic production could take significant time, as noted by Bloomberg.

Karoline Leavitt, White House press secretary, stated to Fox News that President Trump has emphasized the need for the U.S. to avoid relying on China for the production of essential technologies such as semiconductors, chips, smartphones, and laptops. She mentioned that, under the President’s guidance, major tech companies including Apple, TSMC, and Nvidia are urgently working to move their manufacturing to the U.S. as soon as possible.

China currently represents approximately 25% of all electronic goods imported into the U.S., based on data from the U.S. International Trade Commission.

On Wednesday, President Trump announced a 90-day suspension on reciprocal, customized tariffs imposed on several nations. This decision marked a significant shift from his earlier stance of not pausing these tariffs, opting instead for negotiations. Meanwhile, the Trump administration escalated its tariff rate on China to 125%, prompting China to reciprocate with a tariff increase on U.S. imports, from 84% to 125%, amid the ongoing trade conflict between the two countries.

An official from the Trump administration informed Fox News Digital that the pause resulted after Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick advised the President to temporarily suspend these tariffs. This advice followed positive commitments from trading partners to renegotiate agreements favorably for the U.S.

The Trump administration views this 90-day pause as an opportunity for countries to finalize bilateral agreements with the U.S., with the President’s aim being to secure 90 deals in 90 days. The official emphasized that although the administration was monitoring market volatility on Wednesday, President Trump’s main focus remains on effectively addressing the national emergency related to trade deficits.

Emma Colton from Fox News contributed to this report.

Source link

DMN8 Partners
DMN8 Partnershttps://salvonow.com/
DMN8 Partners utilizes a strategy of Cross Channel marketing including local search engine optimization, PPC, messaging and hyper-targeted audiences allow our clients to experience results and ROI that fuel growth and expansion in their operations. There are a lot of digital marketing options across the country but partnering with an agency that understands multiple touches on multiple platforms allows your company’s message to be seen at the perfect time, on the perfect platform, by your perfect prospect. DMN8 Partners has had years of experience growing businesses. Start growing your business today and begin DOMINATE-ing your market.

More like this
Related

Top 5 Valued Firms Add Rs 84,559 Crore; HUL Leads Gains

In New Delhi, the combined market valuation of five...

Celery Recall Affects Walmart Stores in Almost 30 States

Celery distributed at Walmart locations in nearly 30 states...

April 13, 2025: Hurdle Clues and Solutions

For those who enjoy daily word games like Wordle,...

Trump’s Actions Spark Major Legal Issues

The president is reportedly employing lesser-known statutes in unexpected...