• btc = $111 151.00 599.59 (0.54 %)

  • eth = $4 305.14 7.85 (0.18 %)

  • ton = $3.10 0.02 (0.49 %)

  • btc = $111 151.00 599.59 (0.54 %)

  • eth = $4 305.14 7.85 (0.18 %)

  • ton = $3.10 0.02 (0.49 %)

13 Apr, 2025
1 min time to read

The Trump administration has officially removed tariffs on smartphones, laptops, and other electronic goods, Bloomberg reports.

According to a notice from U.S. Customs and Border Protection, these devices are now exempt from additional import duties — regardless of their country of origin, including China, which currently faces a 125% tariff.

The exemption list includes:

  • Smartphones
  • Laptops
  • Data storage devices
  • Processors
  • Memory chips
  • Routers
  • Displays

These products are rarely manufactured in the U.S. and account for roughly 20% of total U.S. imports from China, according to Bloomberg Economics. As a result, prices for new iPhones and similar electronics are unlikely to rise — a win for both consumers and corporations.

The decision is also seen as a signal of easing trade tensions between the U.S. and China. The base 10% tariff will also no longer apply to imports from other countries, including Samsung products from South Korea. Taiwan, home to chip giant TSMC, also stands to benefit from the exemption.