US. Customs and Border protection agencies shared a detailed list of products and Components that would be excluded from the Trump Reciprocal Tariffs. All of these products that have been included in the list would be exempted from the levies for a certain period .
As per the list iPhones, Macs, iPads, Apple watches and Apple devices would not be subjected to 125% tariffs that were imposed on imported Chinese goods. Apple would further not be required to pay the 10% reciprocal tariff that are for goods from other countries.
In a recent update, it has been confirmed that major electronic items and devices that are mostly imported have been exempted from such tariffs. The list includes components such as GPU’s from Nvidia, Semiconductors and equipment necessary for the production of SSD’s TV display and More. While the new changes have brought in a breath of relief for most certain devices such as the Nintendo Switch 2 are still privy and subjected to Tariffs.
Temporary Exemptions
In a recent report, Bloomberg has pointed out that the exemptions could be temporary, and the Trump administration could be planning for a new power tariff on electronics and other goods from China. The new changes are not as comprehensive as some would have hoped, as they do not have the authority to exempt the companies from the “fentanyl” fee imposed on China, a penalty that was previously imposed. Hence there would be a fee that Apple would have to pay while importing new iPhones and other devices.
The 90-day pause, along with the new changes has brought Apple into a volatile state. The brand has been moving its stock of products all over the world. Furthermore the share prices of the Cupertino brand, have showcased a relentless dive in the past few weeks. As the market closed on 11th , Apple’s stock had dropped by 11% since early April.
Before the recent changes, there had been a slew of reports that suggested that the brand might revise its prices to eek out a margin. Additionally, some reports suggested suggested that Apple had been diverting the products manufactured in India to the US, as the tariff impositions on India were much lesser than that imposed on China. However, the recent arrangement seems to have reduced the worries of the Cupertino brand and further given them a relief to rethink their strategy and consider other potential manufacturing locations.
Also Read: Apple’s iPhone 17 Pro Max Set For Launch Later This Year- New Changes And Features Revealed
