What you need to know
- President Trump excluded smartphones, fleas and electronic parts as part of the prices.
- He imposed 125% tariffs on China products at the beginning of the month, and China responded with reprisals.
- This could mean that there may not be an increase in prices on electronic devices.
According to the new directives of Customs and the protection of American bordersSmartphones and other electronic components will be exempt from the prices of US President Donald Trump.
Several sites, including CNBC and Bloomberg, reported the new.
Jerry Hildenbrand from Android Central explains how these prices aim to bring manufacturers back to the United States and that if the phone prices increase, it could be a good reason to keep your phone existing.
However, if Trump decides that phones and other electronic parts are exempt from prices, this means that we may not see an increase in prices for these gadgets.
Earlier this month, Trump imposed 125% tariffs on China products, one of the main countries where many American companies manufacture most of their products. However, China has not fallen either – it has also allowed reprisal prices in the United States.
We saw a Gist of the Trade War Impact the most recent OnePlus Watch 3, while its price went from $ 330 to $ 500 just this week. Although we did not know the reason behind this price increase, many suspect that these prices were at stake.
This trade war has several people on board, because China not only manufactures smartphones but also several other electronic components. And being able to produce them in the United States in the country would take several years. This decision is therefore a relief for many.
CNBC reports that devices that will be part of exclusion will be semiconductors, solar cells, flat-screen TV screens, flash players, memory cards and semiconductor discs used for data storage.