Apple and other electronics manufacturers have obtained a break from Trump’s mutual tariff, with US customs and border security agency sharing Long list of products Last night kept out of the levy.
Iphones, Mac, iPads, Apple Watch, and other apple devices will not be subject to 125 percent tariffs that are imposed on imported Chinese goods, nor Apple will have to pay 10 percent mutual tariffs that are for other countries goods.
All methods of electronic devices have been exempted, which includes the equipment used to make GPU, semiconductor and to make them from computer components such as Nvidia, SSD, display, many TVs, and more. Airpods and homepods are not exempted, and video games like Nintendo Switch 2 are still subject to tariffs.
As Bloomberg It is said that the discount may be temporary and the Trump administration can plan for new, low tariffs on electronics and other items from China. This order also does not exempt companies from the 20 percent of the “Phenanel” fee imposed on China, which was the earlier punishment, so there is still a fee that will require APPEL to pay.
The front and back on the tariff and the 90-day break Trump made it to some countries, the Apple Stock has been unstable for the previous week and fell more than 20 percent before he recovered somewhat. As a Market Close yesterday, Apple’s stock was 11 percent below from early April.
