The Trump administration is engraving major tariff discounts for the technology industry.
President Donald Trump said Wednesday that he would do Much delay in the market trembling tariffs He announced the previous week that he kept the universal baseline tariff, as well as raising tariffs on Chinese products by 125% (he had already raised the top 20% tariff imposed on China).
There is a lot of speculation about what the tariffs mean the technology industry, which produces many consumer electronics in China and abroad. One of Trump’s goals described is to bring back to the United States, but others believe A fantasy of dreaming of American -made iPhoneThe
These controversies can be paused after Friday evening, while US duty and border security are posted A list of product categories Those who are “excluded from the mutual tariff imposed under the Executive Order 14257”, including exceptions except April 5.
These categories seem to include smartphones, laptops, hard drives and semiconductor. These products will all be exempted from both the product from China to 125% of the tariffs, as well as the Universal baseline duty. (Other tariffs, such as the previous 20% of the previous 20% of Chinese products will probably apply))
Silicon Valley’s statistics led by Elon Mask have joined the Trump administration, the other Tech CEOs are inspiring Trump, with the most visually donating millions of donations to his opening. These attempts seemed very little results – until last night’s announcement, which is Daniel Ives, Global Head of Technology Research of Wedbush Security, Described As “a dream scene for investors in technology.”
Tech giants like Apple and Nvidia are probably celebrating this news, such as US customers who can avoid a big markup on their next iPhone. However, the industry may still be hurt with more target tariffs and other restrictions. For example, the New York Times reported Trump administration is preparing a national security investigation In semiconductor.