The Trump administration has excluded specific electronics, including smartphones, laptops, hard drives, and memory chips, from the newly introduced tariffs, although other existing tariffs will still be enforced. This revised policy is part of a larger set of tariff adjustments affecting various products from China and other nations.
US Customs and Border Protection (CBP) has updated its guidelines to exclude essential electronic devices from the additional 125% tariff on Chinese imports, as well as the 10% global tariff on items from other countries. This exemption extends to crucial components like computer processors and equipment used in semiconductor production.
Changes in Small-Parcel Shipping Duties
In addition to these product exemptions, a memo from the White House indicates that the changes will also affect shipping duties for small parcels. Previously, President Trump had increased shipping costs for low-value packages, which are now influenced by the recent executive order changes.
Remaining Duties and Tariffs
Even with these exemptions, the products included in the new update will still face a 20% duty aimed at encouraging China to tackle the fentanyl crisis. Moreover, tariffs that were in place before Trump’s administration continue to apply to certain goods.
These tariff modifications have already begun to affect the prices of tech products, prompting companies like Sony and OnePlus to adjust their pricing strategies. Furthermore, Nintendo has postponed the preorders for the Switch 2 in the US while keeping the launch price unchanged.
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