The government of Donald Trump announced on Saturday a series of exemptions on duty for smartphones, computers, microprocessors and other electronic products which will be applied to the encumbrances ordered on April 2.
Exemptions represent a limitation of taxes by excluding these products from two types of tariffs: 125% applied to China and the 10% base tariff for almost all other countries.
White House spokeswoman, Karoline Leavitthe insisted on Trump’s message the last days. In them, China was warned about the dangers of responding to tariffs and were “optimistic” before a possible agreement with Beijing.
Smartphones, computers and other devices outside Donald Trump’s tariffs
This measure could relieve consumers and benefit companies such as Apple and Samsung Electronicsamong others. Exclusions apply to Cell phones, laptops, hard drives, microprocessors and memory chips.
Exemptions also cover Components entering China to the USAcurrently subject to an additional 145%tariff. Trump especially attacked China with its “reciprocal tariffs” to address practices that from Washington consider unfair.
Previously, Trump promoted a previous 20% tax linking China with the Fentanyl supply chains. Many of the exempt products, such as hard drives and computer processors, are generally not manufactured in the US.
The escalation between the two main world economies persists after Beijing will announce on Friday an increase of 84 % to 125 % levies on all imported products from the US. This was in response to the latest rates approved by Washington, which led Chinese assets to 145 %.
They assure that Apple sent 1.5 million iPhone via India to avoid Donald Trump’s tariffs
The technological giant Apple chartered load flights to transport 600 tons of iPhones, or up to 1.5 million units, to the United States from Indiaafter increasing production there in an effort to dodge the president’s tariffs Donald Trumpsources told Reuters.
The details provide a vision of the private strategy of the US smartphone company to adapt to Trump tariffs and accumulate inventory of Its popular iPhones in the United Statesone of its largest markets.
Analysts have warned that American prices of iPhones could shootgiven Apple’s high dependence on imports of Chinathe main manufacturing center of the devices, which is subject to the highest tariff rate of Trump, of 125%.
Source: Ambito
