Trump Delays Tariffs on Smartphones and Laptops

Trump Delays Tariffs on Smartphones and Laptops

5 years ago
Anonymous $ZuTig1gZkQ

https://www.wired.com/story/trump-delays-tariffs-smartphones-laptops/

If you’re hoping to get new gadgets for Christmas, we have some good news: The Trump administration says it will delay a planned 10 percent tariff on some consumer electronics, including smartphones, laptop computers, videogame consoles, and computer monitors, as well as other items such as footwear, clothing, and toys, until December 15. That means retailers should be able to stock those items before the holiday season. But there’s bad news as well.

Many other electronic products will still face new tariffs on September 1, including televisions, watches, and digital cameras, as well as non-tech items ranging from livestock to swords. And you may still end up paying more for products like smartphones and laptops, because of tariffs on components such as power supplies and printed circuit boards. The United States Trade Representative didn't explain the reasoning for delaying tariffs on some items.