Trump: TECH TARIFF EXEMPINS SRE TEMPORARY, Looking at ‘Whole Electronics Supply Chain’
Us President Donald Trump and his team has stated that the reciprocal tariff exemptions on Electronic Products are temporary. The Administration Excluded Smartphones, Computers, Semiconductors, and other tech items from the 125% tariff on chinese imports on April 11.
Trump said his team is taking a look at the “Whole Electronics Supply Chain” as Part of Upcoming tariff investigations In a post shared on truth social. “Nobody is geting” off the hook “for the unfair trade balances, and non monetary tariff barriers, that other counts have used used against used against us,” He Wrote. “Especially not china which, by far, treates us the Worst!”
This Senior was echoed by Commerce Secret Howard Lutnick Who, On April 12, Said That Specific Semiconductor Tariffs Today in One or TWO MONTS ‘Time. “These are things that are national security that need to be made in America,” He said in an interview with abc.
See: Were the White House’s Tarifs Calculations Done By Ai?
White House Signals flexibility for Key Tech Firms
On April 13, Trump confirmed to reporters that he would be announcing the bespoke semiconductor tariff in the “very near future,” According to cnnSimilar to other product-specific tariffs on aluminum, steelAnd auto components. But he also said that some “flexibility” would be granted to specific companies in the sector, such as apple.
Exclusions to Trump’s Tariffs for Certain Tech Products We REVEALED In Updated Guidance from the US Customs and Border Control. It confirmed that likes of memory cards, hard drives, motherboards, and servers would be excluded from the 10% global baseline tariff nor to the larger reciprocal tariffs IPOFSED ON COTRISE The us has a trade deficit.
China’s Ministry of Commerce Described the Examptions as “A Small Step Toward Correcting Its Erroneous Unilateral Practice of ‘Reciprocal Tarifs’,” In a statement to station to station to news outlete to news outleet China dailyHowever, tech products from china are still subject to the 20% tariff imposed to penalise beijing for its failure to curb the expen Policy Stephen Miller on X,
Karoline Leavitt, The White House Press Secretary, Has indicated that the exemptions are to provide temporary relieve to tech companys as they transition to the states to the states. “These companies are hustling to onshore his manufacturing in the united states as such as possible,” She said in a Statement to the bbc,
Experts skeptical over short-term exemption impact
Nevertheles, Experts Say a Few Weeks of Examptions are unlikely to make a differentce when it comes to onshoring semiconductor production. “While chip manufacturing in the us is announced, those plants will not start deliverying before 2027,” Mark mockcia, VP and research director at Forester, Told Techrepublic in an email.
He added: “Us CIOS Should Plan to Boost Ai Project Budgets, As Previous Allocated Budgets will likely not suffice to continue these projects at their current pace.”
Trump’s tarifs have damaged tech giats’ value, and are likely to result in price hikes for american consumers
Reciprocal tarifs for a number of count to take effect on April 9, but Trump Granted A 90-Day Reprief For most of them. This was expected to have a positive impact on the stock value of the likes of apple and nvidia, which tooks heavy blows when the tariffs were first annouted.
However, he imposed a 104% tariff on Chinese Goods, Later Raising It To 145%. Beijing has retaliated with a 125% tariff on important from the us, but will “ignore” any further hikes as they have “no practical economy significance,” According to Its Commerce Ministry,
These tariffs are expected to significantly impact apple, which manufactures most of its devices in china, as do most other tech and ai companies. Tech Analyst Dan Ives Estimated A Chinese-Made Device that Sold For About $ 1,000 would cost $ 3,500 If made in the us, a price point that many consumors may be unable to afford.
