
Washington: In a move set to benefit the global electronics industry, including manufacturers and exporters in India, the United States government has announced exemptions for smartphones and computers from the latest round of tariffs.
According to a notice issued by the US Customs and Border Protection, smartphones and computers will not be subject to President Donald Trump's recently introduced 10 per cent global tariff, nor the much higher 145 per cent tariff on Chinese goods.
The exemptions, which also cover a range of electronic devices and components—including semiconductors, solar cells, and memory cards—apply to products entering the US or removed from bonded warehouses from as early as 5 April.
This policy shift is likely to bring significant relief to global technology companies, including Apple, which manufactures a large proportion of its products in China. The exemption could help mitigate cost pressures and potential disruptions in supply chains caused by heightened trade barriers.
The announcement follows President Trump’s imposition of a 145 per cent minimum tariff on Chinese imports, part of a broader strategy to address what he terms unfair trade practices. However, speaking to reporters aboard Air Force One en route to Florida, Trump indicated that some exceptions were being considered: “There could be a couple of exceptions for obvious reasons, but I would say 10 per cent is a floor,” he said.
Meanwhile, progress is being made in bilateral trade talks between India and the US. Officials have indicated that the first phase of the proposed trade agreement is expected to be concluded within the 90-day tariff pause period instituted by the Trump administration.
Terms of reference for the agreement have already been finalised, with further negotiations scheduled primarily via video conferencing. If necessary, Indian officials may travel to Washington, or US representatives may visit Delhi to expedite discussions.
The developments mark a potentially positive turn for India-US trade relations and come at a crucial time for the electronics sector, which has been navigating multiple global challenges, including supply chain constraints and shifting regulatory landscapes.
— IANS
Published: 12 Apr 2025, 08:58 pm IST
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