The Trump administration late Friday said it will exclude electronics such as smartphones and laptops from mutual definitions, a step that can help maintain
This step will benefit large technology companies such as Apple and Samsung, and chips like NVIDIA.
Customs and US Border Protection included about 20 products that would qualify for exemption. They include solid drives, memory chips, flat plate screens and solid status storage devices, as well as the machines used to manufacture semiconductors.
This means that they will not undergo the current definitions of 145 percent imposed on China, or 10 percent basic definitions in other places.
Trump previously said he would consider exempting some companies from definitions.
“This step” is a huge “A Black Cloud Leadhang in the technology and pressure sector facing us with great technology.”
US President Donald Trump announced a 90-day stand on his “Tahrir Day” tariff-with the exception of China, which is now facing a tariff rate of 125 percent.
Trump’s mutual definitions raised fears of the American recession and a studio Criticism from his Republican colleaguesWho do not want to lose control of the US House of Representatives and the Senate for Democrats in the renewal elections next year.
Apple and Samsung did not respond to the request early on Saturday. NVIDIA refused to comment.
The notification did not provide an explanation of the Trump administration step, and White House officials did not immediately respond to a request to comment on the reason for submitting the latest tariff exemptions.
Trump was nominated for a large extent last year to re -reduce prices, which, which is fueled by inflation from the epidemic and Russia’s war in Ukraine, has distorted the economic reputation of the then Joe Biden and his democratic allies.
But Trump also promised as a candidate to impose definitions that have become a major part of his economic agenda, and the US President rejected the turmoil in financial markets and the expected prices arising from fees as a turmoil was a necessary part of the reorganization of the global economy and the global trading order to see it.
Apple has manufactured most iPhone devices in China since the first model reached the market 18 years ago.
“The concept of making iPhone devices in the United States is not available,” said Evis, which reflects a wide point of view in the investment community that follows every step from Apple.
Apple’s Apple’s examples include that their local production includes a complex supply chain that started to build in China during the 1990s. It will take several years and cost billions of dollars to build new factories in the United States, then face Apple with economic forces that can lead to three times the price of the iPhone, aimed at sales of their products from pregnancy products.
IVES estimated that the current US price of $ 1,000 for the iPhone made in China, or India, will rise to more than $ 3,000 if production turns to the United States and says it is believed that it is likely that production can not likely be done even, as soon as possible, 2028.
https://i.cbc.ca/1.7508688.1744442619!/cantoImage/httpImage/image.jpg_gen/derivatives/16x9_1180/shutterstock-medium-file.jpg?im=Resize%3D620
Source link