Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the visualcomposer domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/radioser/radioroxi.com/wp-includes/functions.php on line 6121
Smartphones and laptops among items excluded from reciprocal tariffs, US says | World News – RADIO ROXI
play_arrow

RADIO ROXI

TIMELESS TUNES

keyboard_arrow_right

RADIO ROXI

TIMELESS TUNES

Listeners:

Top listeners:

skip_previous play_arrow skip_next radio
00:00
chevron_left
chevron_left
  • cover play_arrow

    RADIO ROXI TIMELESS TUNES

World News

Smartphones and laptops among items excluded from reciprocal tariffs, US says | World News

today12/04/2025

Background
share close


Electronics such as smartphones and laptops will be excluded from reciprocal tariffs, the Trump administration has said.

US Customs and Border Protection listed 20 product categories in a notice to shippers, including the very broad 8471 code for all computers, laptops, disc drives and automatic data processing.

It added that semiconductor devices and equipment, memory chips and flat panel displays would also be exempt.

The move could help keep prices down for popular consumer items that are mainly produced in East Asian countries and China, which is the country hardest hit by Donald Trump‘s tariffs.

Shipping in Manila, the Philippines. Pic: Reuters
Image:
Twenty product categories are exempt. File pic: Reuters

In a statement to Sky’s US partner network NBC News, White House deputy press secretary Kush Desai said: “President Trump has made it clear America cannot rely on China to manufacture critical technologies such as semiconductors, chips, smartphones, and laptops.

“That’s why the President has secured trillions of dollars in US investments from the largest tech companies in the world, including Apple, TSMC, and Nvidia.

“At the direction of the President, these companies are hustling to onshore their manufacturing in the United States as soon as possible.”

Please use Chrome browser for a more accessible video player

Did Trump’s friends just get richer?

Tech firms, including Apple, Samsung and Nvidia, have struggled in the stock market since the levies were first announced.

Earlier this week, the head of the trading floor at Currencies 4 You told Newspage Mr Trump’s tariffs on Chinese imports “could significantly impact iPhone pricing globally”.

Prem Raja said analysts suggested “US prices might surge by up to 43% if Apple passes on the costs” to consumers.

Please use Chrome browser for a more accessible video player

How will tariffs impact you?

The US and China have been locked in an escalating trade dispute since the start of the month, as both countries ratcheted up tariffs on imports.

After Mr Trump announced a 34% levy on China on “Liberation Day”, Beijing responded by introducing tariffs of the same rate on American imports.

Read more:
Tariff war could be reaching stalemate, but more danger lingers
Polish president tells allies ‘stay calm’ over tariffs

The US president then added another 50% tariff atop the 34% and warned China not to retaliate. In turn, Chinese officials called the tariffs “bullying” and raised levies again to 84%.

Mr Trump then raised levies on most Chinese goods to 145% as he paused tariffs higher than 10% for 90 days, prompting Beijing to raise their US import rates to 125%.



Source link

Written by: radioroxi

Rate it

Post comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *

0%