U.S. Customs and Border Protection Exempts Smartphones, Computers from Reciprocal Tariffs ๐Ÿ“ฑ๐Ÿ’ป

U.S. Customs and Border Protection Exempts Smartphones, Computers from Reciprocal Tariffs ๐Ÿ“ฑ๐Ÿ’ป

The U.S. Customs and Border Protection (CBP) has announced exemptions from reciprocal tariffs for several key products, including smartphones and computers. This move is expected to benefit major tech companies like Apple, Samsung, and TSMC.

Key Exemptions

  • Smartphones
  • Laptop computers
  • Hard disk drives
  • Computer processors
  • Memory chips
  • Semiconductor manufacturing equipment

Background on Tariffs

The U.S. currently imposes reciprocal tariffs of 125% on China and 10% on other countries. These tariffs are separate from the "10%+10%" tariffs previously imposed on China by former President Donald Trump.

Potential Implications

While this exemption offers immediate relief, there’s speculation that these items might face other types of tariffs in the near future, though potentially at lower rates than the 125% reciprocal tariff on China.

In Summary

The CBP’s decision provides a temporary respite from high tariffs for essential tech products, impacting global tech giants and potentially influencing market dynamics.

From : https://n.news.naver.com/mnews/article/001/0015326243?sid=104


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