The Trump administration has excluded “smartphones, computer systems, and different electronics” from tariffs, even these imported from China, reports Bloomberg.
Late final night time, US Customs and Border Safety (CBP) updated its guidance to exempt smartphones, laptops, arduous drives, pc processors, and reminiscence chips from the tariffs, based on Bloomberg. The identical goes for the machines utilized by firms like Taiwan Semiconductor Manufacturing Co. to make semiconductors, the outlet notes. The replace follows Trump’s resolution to concern a “90-day pause” on increased tariff charges for many international locations, whereas rising the speed for Chinese language imports, the identical day they went into impact.