A review of the latest tariff guidance from U.S. Customs and Border Protection indicates that smartphones and personal computers will be exempt from President Donald Trump’s sweeping tariffs that were imposed last Wednesday, Bloomberg first reported on Saturday.
On Friday, rumors circulated that smartphones might be the beneficiary of a tariff exemption from the Trump administration as the White House seeks to settle the tech industry after a turbulent week of speculation. The week ended with the U.S. hitting goods coming in from China with 145% tariffs while China responded by implementing a 125% tariff on goods coming in from the United States.
Two critical tariff codes, 8517.13.00 and 8471 are mentioned in the CBP’s latest guidance and correspond to smartphones and PCs respectively, an indication that those products won’t be as negatively impacted by the tariffs. Among the American companies to suffer the most under the current trade war is Apple who manufactures roughly 90% of their iPhones in China.
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