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  5. US Exempts Smartphones, Computers from Global Tariffs

US Exempts Smartphones, Computers from Global Tariffs

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The Trump administration has exempted a range of electronic goods, including smartphones, computers, and semiconductors, from its reciprocal tariffs on imports from China. This exemption was made in response to concerns from US tech companies that the tariffs would lead to a surge in prices for electronics in the US market.

  1. LV
    Valdis Dombrovskis
    1. We should not forget that the 10% reciprocal tariffs remain in place for almost all countries and they represent a blow to the global economy.
  2. US
    US Customs and Border Protection
    1. Importers may request a refund by filing a post summary correction for unliquidated entries, or by filing a protest for entries that have liquidated but where the liquidation is not final because the protest period has not expired.
  3. US
    Elizabeth Warren
    Democratic Party
    1. It is unconscionable that as American families are concerned about their financial security during this economic crisis entirely manufactured by the President, insiders may have actively profited from the market volatility and potentially perpetrated financial fraud on the American public.
  4. US
    Karoline Leavitt
    Republican Party
    1. Trust in President Trump. He knows what he's doing. This is a proven economic formula.
    2. The president has made it very clear he's open to a deal with China.
    3. The phones have been ringing off the hook to make deals.
  5. US
    Donald Trump
    Republican Party
    1. We are doing really well on our tariff policy. Very exciting for America, and the World!!! It is moving along quickly.
    2. There could be a couple of exceptions for obvious reasons, but I would say 10% is a floor.
    3. We're not going to let China walk all over us anymore. If they won't play fair, we won't either.
    4. We are doing really well on our TARIFF POLICY.
  6. US
    Larry Fink
    BlackRock
    1. I think we're very close, if not in, a recession now.
  7. US
    Dan Ives
    Wedbush Securities
    1. This is the dream scenario for tech investors … Smartphones, chips being excluded is a game-changer scenario when it comes to China tariffs.
    2. The reality is it would take three years and $30bn in our estimation to move even 10% of its supply chain from Asia to the US with major disruption in the process … For US consumers, the reality of a $1,000 iPhone being one of the best made consumer products on the planet would disappear.
    3. I think ultimately big tech CEOs spoke loudly, and the White House had to understand and listen to the situation that this would have been Armageddon for big tech if it were implemented.

Trump's tariffs

  1. Donald Trump Announces 90-Day Tariff Reduction with China
  2. US and China Reach New Agreement on Tariffs After Ongoing Trade Negotiations in Geneva
  3. Donald Trump Proposes Significant Reduction in China Tariffs Amid Ongoing Trade Negotiations

sources

  1. 1.CNA News
  2. 2.DW News
  3. 3.Le Monde
  4. 4.The Korea Herald
  5. 5.France 24
  6. 6.BBC
  7. 7.The Guardian
  8. 8.The Times of India
  9. 9.Al Jazeera
  10. 10.Agence France-Presse
  11. 11.Associated Press
  12. 12.CNBC

perspectives

  1. 1.US under Donald Trump
  2. 2.Chinese Foreign Policy
  3. 3.US-China Relations
  4. 4.Immigration to the US
  5. 5.US Economy
  6. 6.Inflation
  7. 7.Trade Agreement
  8. 8.World Economy
  9. 9.US-India relations
  10. 10.Mexico under Claudia Sheinbaum
  11. 11.US-EU relations
  12. 12.United States–Mexico–Canada Agreement

countries

  1. 1.ChinaCN
  2. 2.GermanyDE
  3. 3.SpainES
  4. 4.IndiaIN
  5. 5.JapanJP
  6. 6.MexicoMX
  7. 7.SingaporeSG
  8. 8.Taiwan, Province of ChinaTW
  9. 9.United StatesUS
  10. 10.Viet NamVN

organizations

  1. 1.AppleUS
  2. 2.US Customs and Border ProtectionUS
  3. 3.White HouseUS
  4. 4.Democratic PartyUS
  5. 5.Wedbush Securities
  6. 6.Dell
  7. 7.European Union
  8. 8.US Securities and Exchange CommissionUS
  9. 9.Trump Media & Technology Group
  10. 10.BlackRock
  11. 11.Concordia University
  12. 12.Counterpoint Research

persons

  1. 1.Donald TrumpUS
  2. 2.Dan IvesUS
  3. 3.Karoline LeavittUS
  4. 4.Elizabeth WarrenUS
  5. 5.Christine LagardeFR
  6. 6.Chuck SchumerUS
  7. 7.Claudia SheinbaumMX
  8. 8.Jamie DimonUS
  9. 9.Jenipher Camino Gonzalez
  10. 10.Larry FinkUS
  11. 11.Moshe Lander
  12. 12.Samuel Tombs

technicals

  1. 1.iPhone
  2. 2.Eurozone
  3. 3.iPhone 16
US Exempts Smartphones, Computers from Global Tariffs