The Trump administration has excluded certain electronics, such as smartphones, laptops, hard drives, and memory chips, from the newly imposed tariffs, though other existing tariffs still apply. The updated policy comes as part of the broader tariff changes affecting various goods from China and other countries.
US Customs and Border Protection (CBP) updated its guidance to exempt key electronic devices from the 125% additional tariff on Chinese goods, as well as the 10% global tariff on products from other countries. This includes vital components such as computer processors and equipment used in semiconductor manufacturing.
Along with the product exemptions, the White House memo confirms that the changes also apply to small parcel shipping duties. Previously, President Trump tripled shipping rates for low-value packages, which were impacted by the new executive order amendment.
Despite these exemptions, products covered under the new update are still subject to a 20% duty aimed at pressuring China to address the fentanyl issue. Additionally, tariffs that existed before Trump’s administration remain in place for some goods.
The tariff changes have already started impacting tech product prices, with companies like Sony and OnePlus adjusting their prices in response to the tariff hikes. Additionally, Nintendo delayed the preorders of the Switch 2 in the US but maintained the launch price.