- Some electronics gadgets are now exempt from certain prices
- Phones, laptops and processors all get a stay – which includes China
- It is still not clear what will then happen with electronic prices
There is a new turn in the War of American prices: phones, computers, semiconductors and various other electronics are now exempt from punishing import prices, which have climbed up to 145% for China and are generally 10% as a reference for other countries.
The news has been reported by the Associated Press and others, and although it is still early to say what the full impact will be, this facilitates pressure on companies that mainly make their gadgets outside the United States – notably Apple, Dell, Nvidia and Samsung.
President Donald Trump introduced a series of prices for goods imported into the United States at the beginning of the month, and since chaos. Earlier this week, many of these price hikes higher than the basic line of 10% were interrupted – but not for China, which increased its own prices in turn.
This new exclusion policy covers China and mentions smartphones, laptops, hard drives, computer processors, memory chips and machines used to make semiconductors. Most companies dealing with electronics are signing a sigh of relief, although certain categories of devices are apparently not covered, including video game consoles.
What happens next?
It has been difficult to predict the movements that the US government has taken with regard to prices in recent days, and that has not changed. This last decision should mean that gadget prices set up for consumers, but it is impossible to be certain.
Bloomberg reports that the new exclusion policy could be a precursor of an entire separate rate specifically focused on electronics. For the moment, the world is waiting to see how the 90 -day break on many Trump prices take place.
As an American company which brings together almost all its goods abroad, including in China, Apple was in the spotlight during all this price uncertainty: there were even suggestions for apple factories in the United States and iPhone panic purchase reports before potential price increases.
Apple is one of the companies which, according to him, will benefit the most, although the move is not sufficient to open the pre-orders of Nintendo Switch 2 in the United States, which have been delayed. Consoles like Switch 2 are not mentioned in new exemptions, although the previous 90-day break should mean that more actions can be moved to the United States.
