Summary: U.S. Customs and Border Protection (CBP) has announced an update regarding reciprocal tariffs, offering exemptions for specific product categories, effective April 5, 2025.
Source: The announcement was made via a CBP bulletin (CSMS #64724565), providing updated guidance on reciprocal tariff exclusions for specified products. https://content.govdelivery.com/bulletins/gd/USDHSCBP-3db9e55?wgt_ref=USDHSCBP_WIDGET_2
Impact: This policy change is expected to benefit companies like Apple and others with PC supply chains in China.
Key Exemptions: Several categories of computing equipment and consumer electronics are now exempt from reciprocal tariffs, even if imported from China. These goods will effectively be taxed at a 10% rate.
The Harmonized Tariff Schedule of the United States (HTSUS) codes for the exempted items include:
- 8471 - Automatic Data Processing Machines (servers, computers, processing units)
- 8473.30 - Parts and Accessories for ADP Machines (graphics cards, add-in boards, computing accessories)
- 8486 - Machines for Semiconductor Manufacturing (equipment for manufacturing semiconductor devices)
- 8517.13.00 - Smartphones
- 8517.62.00 - Communication Equipment (routers, network switches)
- 8523.51.00 - Solid-State Non-Volatile Storage Devices (SSDs, flash storage)
- 8524 - Flat Panel Display Modules
- 8528.52.00 - Monitors for Computers
- 8541.10.00 through 8541.90.00 - All Semiconductor Discrete Devices (diodes, transistors, thyristors, semiconductor transducers)
- 8542 - Electronic Integrated Circuits (processors, GPUs, ASICs, and memory integrated circuits)
Tariff War Update: US CBP Announces Tariff Exemption Product Categories: r/StockMarket
President Donald Trump’s administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs, potentially cushioning consumers from sticker shock while benefiting electronics giants including Apple Inc. and Samsung Electronics Co.
The exclusions, published late Friday by US Customs and Border Protection, narrow the scope of the levies by excluding the products from Trump’s 125% China tariff and his baseline 10% global tariff on nearly all other countries.
The exclusions would apply to smartphones, laptop computers, hard drives and computer processors and memory chips. Those popular consumer electronics items generally aren’t made in the US. Setting up domestic manufacturing would take years.
The products that won’t be subject to Trump’s new tariffs also include machines used to make semiconductors. That would be important for Taiwan Semiconductor Manufacturing Co., which has announced a major new investment in the US as well as other chipmakers.
Trump Exempts Phones, Computers, Chips From ‘Reciprocal’ Tariffs - Bloomberg
Lmfao.
The market called it, Trump is a little coward who will cave every time, likely Monday will be a good day for the market, he folded with Canada and Mexico, he folded in a day on his reciprocal tariffs, he has partly folded on his Chinese tariffs to protect Apple, Google, Samsung, etc. He will absolutely fold on the China tariffs full stop eventually but he will first look for some desperate spin.
What happened to "bringing manufacturing back" to America? I mean that was always a stupid way to go about it but that was the argument they used for these tariffs and yet they just quietly exempted half of the manufacturing shit, Lmao. How will MAGA spin him quietly folding and undermining his entire argument, whilst achieving nothing significant.
In 90 days from now the market likely won't react at all to his next tariff threat because he has proven himself multiple times now that he is all talk. Completely pointless, they achieved nothing, aside from wrecking America's reputation with their already fragile economy and the long term damage to America is already done.
What's the plan then? Quietly exempt all the big shit, then come next week pretend he made a bunch of big deals and walk the entire thing back?
This man is meant to scare Putin, he can't even last a few days in a trade war without folding like a lawn chair. Donald the Dove Bitch
Last edited by Ryuu96 - 5 days ago