Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Will the AI boom fuel new investments in geothermal energy?

September 17, 2025

Ex-Ecuador president calls bribery case over Belt and Road dam a ‘farce’

September 17, 2025

Jim Cramer says Eli Lilly’s obesity pill could be more of a ‘lifetime drug’ than shots

September 17, 2025
Facebook X (Twitter) Instagram
Wednesday, September 17
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Trump drops tariffs on smartphones, computers – also from China
Middle East & Africa

Trump drops tariffs on smartphones, computers – also from China

adminBy adminApril 12, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 76


The new exemptions cover various electronic goods including smartphones and components entering the United States from China, which are currently subject to a staggering additional 145 percent tariff. (Getty Images/Johner Images)


The new exemptions cover various electronic goods including smartphones and components entering the United States from China, which are currently subject to a staggering additional 145 percent tariff. (Getty Images/Johner Images)

The Trump administration has exempted smartphones, computers and other electronics from its punishing “reciprocal” tariffs – lessening the cost impact on American consumers for a host of popular high-tech products.

The exemptions, published late Friday in a notice by the US Customs and Border Protection office, cover various electronic goods including smartphones and components entering the United States from China, which are currently subject to a staggering additional 145 percent tariff.

Semiconductors are also excluded from the “baseline” 10-percent tariff on most US trading partners and the added 125-percent levy on China.

The exclusions narrow the range of sweeping 10-percent levies announced by President Donald Trump earlier this month, and the punishing additional rate on goods from China.

Trump has targeted China especially with his “reciprocal tariffs” meant to address practices Washington deemed unfair, most recently introducing a new 125-percent tariff on goods from the world’s second-biggest economy that took effect this week.

The rate piled atop an earlier 20-percent levy Trump imposed over China’s alleged role in fentanyl supply chains, and other existing tariffs from previous administrations — taking the full figure to at least 145 percent for many products.

Many of the exempted products, including hard drives and computer processors, generally are not made in America.

While Trump has referred to tariffs as a way to bring manufacturing back to the United States, it will likely take years to ramp up domestic manufacturing.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Middle East & Africa

Rescue bid launched for hundreds trapped in South African gold mine | Mining News

May 23, 2025
Middle East & Africa

DRC’s conflict demands a new peace model rooted in inclusion and reform | Conflict

May 23, 2025
Middle East & Africa

DR Congo strips ex-President Kabila of immunity | Armed Groups News

May 23, 2025
Middle East & Africa

Will the United States deport people to Rwanda? | Refugees News

May 23, 2025
Middle East & Africa

‘Tortured’ Ugandan activist dumped at border following arrest in Tanzania | Politics News

May 23, 2025
Middle East & Africa

Trump’s Ramaphosa ‘ambush’: Key takeaways from heated White House meeting | Donald Trump News

May 22, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Gold price per tola falls Rs2,400 in Pakistan – Markets

September 17, 2025

Hala Enterprises to boost weaving capacity with new machinery import from China – Business & Finance

September 17, 2025

Hala Enterprises to boost weaving capacity with new machinery import from China – Business & Finance

September 17, 2025

Delay in PCCC–PARC merger could put cotton production in serious jeopardy – Business & Finance

September 17, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Will the AI boom fuel new investments in geothermal energy?
  • Ex-Ecuador president calls bribery case over Belt and Road dam a ‘farce’
  • Jim Cramer says Eli Lilly’s obesity pill could be more of a ‘lifetime drug’ than shots
  • More positive signs for Home Depot — plus, Nvidia takes another hit from China
  • Is Amazon on the verge of an OpenAI moment with its big investment in Anthropic?

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Will the AI boom fuel new investments in geothermal energy?

September 17, 2025

Ex-Ecuador president calls bribery case over Belt and Road dam a ‘farce’

September 17, 2025

Jim Cramer says Eli Lilly’s obesity pill could be more of a ‘lifetime drug’ than shots

September 17, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.