S-martphones, computers and other electronic devices will be exempt from President Trump's radical mutual tariffs, the administration has announced.
I will take a break for the consumer, the US will not collect new obligations for about 20 products as stated in guidance issued by the federal agency responsible for collecting customs revenue.
The list, which was released late Friday night, also includes routers and semiconductor chips.
Customs and Border Protection (CBP) cited the president's memorandum issued Friday.
Trump's drastic tariffs explained
The exemption appears to include products manufactured in China. This was when Trump had previously slapped him with 145% levied on some items.
“All products that are properly classified under these listed provisions will be excluded from mutual duties imposed under executive order 14257, as amended, in accordance with section 3(b)(IV) of that order.
The White House did not immediately respond to requests to post comments.
Trump gave foreign countries except China a 90-day reservoir on mutual tariffs on Wednesday in response to an overture of dozens of countries seeking to cut free falls in stock markets and new trade deals with the US.
“We are in a very good position,” the president told reporters on board the Air Force on Friday night.
In China, specifically, Trump has shown that he has always had a good relationship with President Xi Jinping and hopes he will resolve something.
“I think there will be something positive,” Trump said of China.
The latest exemption is a victory for consumers facing steeper prices for imported electronic devices, and for companies like Apple, who manufacture products in China or acquire components of devices from communist countries.
