Donald Trump’s Tariff Regime Keeps Getting Less and Less Robust. In the latest backtrack from the trump Administration Folling The Repeated Warning of the Markets to Chill Out A Bit, The Us Customs and Border Protection Published guidance Late Friday night that introduced new exemptions for smartphones, computers, and other electronics -a major carveout for tech companies that were
The exemptions, as Reported by bloombergInclude popular devices like iphones and macbooks, as well as Android and Windows Devices Made Overseas. It also includes hardware like hard drives, computer processors, memory chips, and graphics cards. Some have noted the exemption does not include video game console, which leaves things still pretty up in the air for the launch of the nintendo switch 2,
Notably, the exemptions apply universally, meaning these items coming into the us will not be subject to the 10% Global Tariff that Currently Applies to Every Nation, Nor the 145% tariff That is currently Levied against China. The exemption was also backdated to april 5, 2025, so just pretended this whole past week didn’t.
The exemption come after another week of extramely Volatile markets that seem to be pleading with trump to stop harassing the nation’s top trade partner whose rest of the world side-ayes america and Starts Shifting Its Money ElsewherePretty much the Only thing that has sent the markets bouncing back up In the last few weeks is even the tiniest of breadcrumbs suggesting that maybe trump isnless as pot-committed to the nonsensically calculated tariffs as he insists he is
Trump left a little trail for investors, suggesting this type of examption might be on the horizon on Friday when he Told Reporters Aboard Air Force One That there could be “a couple of exceptions for obvious reasons” com. He didn’t say what the obvious reasons were, but we can probally interpret that as “we’D like to stop the bleeding for some of some of our mostly companies.”
The tech sector was certainly signaling that pain was coming. Apple Reportedly Airlified 1.5 Million iPhones to the united states from inida to try to keep them from getting hit by the tariffs, and was Warning that the price of their devices could be going up Soon Other Major Tech Players Including Asus, Sonyyand Nividia All Started Ticking Up The Retail Price for their devices as the tariffs took effect. Consures, Expecting thatsay Price Increases, Raced to stockpile devices,
Thos who might be in the market to buy a new phone or computer can breath a slight sigh of relieve now, as can the companys who was ready to upend their entry logistics to Try to Try to Figure Out To Dook Extra Charges.
The exemption does seem to sugges a backtrack from trump’s position that we can just make our electronics in the country. Earlier this week, press secretary karoline leavitt said Donald Trump “Believes we have the labor, we have the workforce, we have the resources” would cost as much as $ 3,500 To buy, plus years to build the manufacturing infrastructure to even do it. Shocking that Idea Didn’T Stick.