• Kinza Babylon Staked BTCKinza Babylon Staked BTC(KBTC)$83,270.000.00%
  • Steakhouse EURCV Morpho VaultSteakhouse EURCV Morpho Vault(STEAKEURCV)$0.000000-100.00%
  • Stride Staked InjectiveStride Staked Injective(STINJ)$16.51-4.18%
  • Vested XORVested XOR(VXOR)$3,404.231,000.00%
  • FibSwap DEXFibSwap DEX(FIBO)$0.0084659.90%
  • ICPanda DAOICPanda DAO(PANDA)$0.003106-39.39%
  • TruFin Staked APTTruFin Staked APT(TRUAPT)$8.020.00%
  • bitcoinBitcoin(BTC)$108,508.002.10%
  • ethereumEthereum(ETH)$2,576.821.91%
  • VNST StablecoinVNST Stablecoin(VNST)$0.0000400.67%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.300.48%
  • binancecoinBNB(BNB)$659.870.98%
  • Wrapped SOLWrapped SOL(SOL)$143.66-2.32%
  • solanaSolana(SOL)$156.561.84%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1876681.17%
  • tronTRON(TRX)$0.2855720.74%
  • cardanoCardano(ADA)$0.681.71%
  • staked-etherLido Staked Ether(STETH)$2,573.801.80%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$108,364.002.13%
  • HyperliquidHyperliquid(HYPE)$38.155.76%
  • Gaj FinanceGaj Finance(GAJ)$0.0059271.46%
  • Content BitcoinContent Bitcoin(CTB)$24.482.55%
  • USD OneUSD One(USD1)$1.000.11%
  • SuiSui(SUI)$3.373.88%
  • Wrapped stETHWrapped stETH(WSTETH)$3,102.751.96%
  • UGOLD Inc.UGOLD Inc.(UGOLD)$3,042.460.08%
  • ParkcoinParkcoin(KPK)$1.101.76%
  • chainlinkChainlink(LINK)$14.071.67%
  • avalanche-2Avalanche(AVAX)$21.421.85%
  • leo-tokenLEO Token(LEO)$9.240.74%
  • bitcoin-cashBitcoin Cash(BCH)$424.742.08%
  • stellarStellar(XLM)$0.270188-0.31%
  • ToncoinToncoin(TON)$3.292.97%
  • shiba-inuShiba Inu(SHIB)$0.0000130.64%
  • hedera-hashgraphHedera(HBAR)$0.1749912.27%
  • USDSUSDS(USDS)$1.00-0.01%
  • Yay StakeStone EtherYay StakeStone Ether(YAYSTONE)$2,671.07-2.84%
  • wethWETH(WETH)$2,576.211.87%
  • litecoinLitecoin(LTC)$88.960.98%
  • Wrapped eETHWrapped eETH(WEETH)$2,753.181.85%
  • polkadotPolkadot(DOT)$4.080.17%
  • Pundi AIFXPundi AIFX(PUNDIAI)$16.000.00%
  • moneroMonero(XMR)$325.66-0.15%
  • Binance Bridged USDT (BNB Smart Chain)Binance Bridged USDT (BNB Smart Chain)(BSC-USD)$1.000.01%
  • PengPeng(PENG)$0.60-13.59%
  • Ethena USDeEthena USDe(USDE)$1.00-0.02%
  • Bitget TokenBitget Token(BGB)$4.690.46%
  • PepePepe(PEPE)$0.0000123.11%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Trump exempts electronics, phones, computers from reciprocal tariffs

April 12, 2025
in Business
Reading Time: 2 mins read
A A
Trump exempts electronics, phones, computers from reciprocal tariffs
ShareShareShareShareShare

S​martphones, computers and other electronics will be exempt from President Trump’s sweeping reciprocal tariffs, the administration announced.​

I​n a break for consumers, the ​United States will not collect the new duties on about 20 products listed in guidance issued by Customs and Border Protection, the federal agency tasked with collecting tariff revenues.

The administration announced s​martphones, computers and other electronics will be exempt from tariffs. REUTERS

This list, published late Friday night, also includes routers and semiconductor chips.

Customs and Border Protection (CBP) cited a presidential memorandum issued Friday, which the White House has not publicly released, as the impetus for the new guidance. 

Trump’s sweeping tariffs explained

Nearly twenty electronic items are exempt from the tariffs. REUTERS

The exemptions appear to include products manufactured in China — which Trump had previously slapped with 145% levies on some goods. 

“All products that are properly classified in these listed provisions will be excluded from the reciprocal tariffs imposed under Executive Order 14257, as amended, pursuant to Section 3(b)(iv) of that Order, effective for merchandise entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01AM Eastern Daylight Time on April 5, 2025,” according to the notice. 

The White House did not immediately respond to The Post’s request for comment. 

Trump granted foreign nations, excluding China, a 90-day reprieve on reciprocal tariffs on Wednesday in response to a stock market freefall and overtures from dozens of countries looking to cut new trade deals with the US. 

The exemptions appear to include products manufactured in China. Farknot Architect – stock.adobe.com

 “We’re in a very good position,” the president told reporters aboard Air Force One Friday night, when asked about the state of tariff negotiations. 

On China specifically, Trump indicated he’s always had a good relationship with President Xi Jinping and expects to work something out.  

“I think something positive is going to come out of it,” Trump said of China.

The latest exemption is a win for consumers, who faced paying steeper prices for imported electronics, and for companies, such as Apple, that manufacture products in China or obtain components for their devices from the communist country.

Credit: Source link

YOU MAY ALSO LIKE

Elite universities offer to spend endowment cash to stave off tax hit: report

Port of Los Angeles seeing sharp drop in cargo ships

ShareTweetSendSharePin

Related Posts

Elite universities offer to spend endowment cash to stave off tax hit: report
Business

Elite universities offer to spend endowment cash to stave off tax hit: report

June 9, 2025
Port of Los Angeles seeing sharp drop in cargo ships
Business

Port of Los Angeles seeing sharp drop in cargo ships

June 9, 2025
Lawyers urging ‘caution’ on antitrust remedies in Google search trial have cozy ties to Big Tech
Business

Lawyers urging ‘caution’ on antitrust remedies in Google search trial have cozy ties to Big Tech

June 9, 2025
Exercise item BowFlex sold at Costco recalled after more than 100 injuries reported
Business

Exercise item BowFlex sold at Costco recalled after more than 100 injuries reported

June 9, 2025
Next Post
Jassy Says He Wants Amazon to Be Like a Startup

Jassy Says He Wants Amazon to Be Like a Startup

Leave a Reply Cancel reply

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

Search

No Result
View All Result
My Fiancée Doesn’t Actually Know How Wealthy I Am

My Fiancée Doesn’t Actually Know How Wealthy I Am

June 5, 2025
Samsung and Perplexity Near AI Deal

Samsung and Perplexity Near AI Deal

June 6, 2025
20-ft basking shark spotted off Rhode Island

20-ft basking shark spotted off Rhode Island

June 9, 2025

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!