Source: Politico
“President Donald Trump is exempting [American buyers of] smartphones, computers and more electronics from his global reciprocal [sic] tariffs after a tumultuous week in the markets due to his global trade war. A guidance published by the U.S. Customs and Border Protection late Friday exempted [American buyers of] these consumer electronics — many are manufactured in China — from Trump’s back-and-forth tariff escalation with China and the 10 percent global tariff. Machines used to make semiconductors will also be exempt. While these electronics won’t be subject to the escalating tariff rate Trump levied this week in a back-and-forth with China, these goods still could be hit with a significant duty if made there.” (04/12/25)
https://www.politico.com/news/2025/04/12/trump-china-tariffs-smartphone-00008349