Washington, DC [
US
On April 13 (ANI), the Trump administration during their tenure
US
has exempted electronics like
phones
,
computers
and other electronic devices from the corresponding one
tariffs
imposed on other nations, including
China
, The Hill reported.
The guidance issued by the Customs and Border Protection, responsible for collecting import tariffs, outlined approximately 20 product categories that would receive an exemption from these charges.
tariffs
. The electronic items include smart
phones
,
computers
,
semiconductor chips
and routers.
The exceptions introduced by the Trump administration might provide relief for consumers who were at risk of seeing their costs rise on electronic products because of heightened tariffs.
tariffs
imposed on
China
It’s also a victory for corporations such as Apple, which often designs numerous products domestically.
China
.
US
Presdident
Donald Trump
has stated he will implement sector-specific measures
tariffs
on goods like
semiconductor chips
suggesting that the exemption could be brief for certain individuals, according to The Hill.
Earlier this month, the White House introduced a 10 percent base tariff on imported goods and imposed higher “reciprocal” tariffs.
tariffs
In numerous other nations. Subsequently, Trump declared the more severe
tariffs
would decrease to 10 percent for a period of 90 days for over 75 countries presently involved in trade negotiations with the
US
However, Trump raised the reciprocity measures.
tariffs
on
China
up to 125 percent over an additional 20 percent tariff, prompting a proportional reaction from Beijing.
This action intensified concerns about an impending trade war between the two nations.
US
and
China
. While addressing journalists aboard Air Force One on Friday evening, Trump expressed optimism about the situation.
US
and
China
would manage to arrange something, referring to his connections with his Chinese colleague
Xi Jinping
According to The Hill, he stated, “I believe something good will result from this.”
On Friday,
China
respond at the earliest
US
tariffs
by applying 125 percent
tariffs
on imports of all
US
The goods. According to the Chinese official Xinhua agency, which quoted the Customs Tariff Commission of the State Council, they plan to remove the extra charge.
tariffs
for items brought in from overseas
US
To 125 percent from 84 percent, effective starting April 12.
China
has also initiated legal action with the WTO after the most recent development
US
The Chinese Commerce Ministry stated this according to a report from the official Xinhua News Agency. (ANI)
Provided by GAPTEKZONE. (
).
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