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Posts tagged as “The U.S. Customs and Border Protection”

U.S. Customs Exempts Key Tech Products from New Tariffs, Easing Concerns for Apple and Consumers

The U.S. Customs and Border Protection office has announced exemptions for several high-tech products, including smartphones and computers, from the newly imposed 145% tariffs on Chinese imports, potentially shielding American consumers from price hikes. This decision is particularly significant for companies like Apple, which rely on Chinese manufacturing, as it could prevent substantial price increases and supply chain disruptions. By excluding key technology items from the high tariffs, the U.S. government aims to mitigate the economic impact on consumers and businesses, maintaining the affordability and accessibility of essential electronic devices.