consumer electronics tariffs – Charm

Nintendo Switch 2 price increase: Major brands from tech to fashion announce price hike due to Trump’s new tariffs: Here’s what will cost you more

A growing list of global firms has confirmed plans to raise prices in the U.S. market, citing the direct impact of newly introduced Trump’s tariffs. With an across-the-board 10% duty imposed on nearly all imports, excluding key sectors like semiconductors and pharmaceuticals, businesses are recalibrating operations to navigate the new trade landscape. President Donald Trump’s…

Confusion over chip, smartphone tariffs unfolds in US as Trump foreshadows more changes

Cs news3 months ago011 mins

President Donald Trump’s tariff policy has undergone several developments since ‘Liberation Day’. The most recent of the changes saw confusion reign about how the US would treat imports of consumer electronics like smartphones. It came after Mr Trump announced a 90-day pause on so-called “reciprocal tariffs”, reducing the higher-rate tariffs to 10 per cent for…

China calls on US to ‘completely cancel’ reciprocal tariffs

Cs news3 months ago02 mins

China on Sunday called on the United States to “completely cancel” its reciprocal tariffs after Washington announced exemptions for consumer electronics and key chipmaking equipment. “We urge the US to… take a big step to correct its mistakes, completely cancel the wrong practice of ‘reciprocal tariffs’ and return to the right path of mutual respect”,…

Trump exempts phones, computers, chips from ‘reciprocal’ tariffs

Cs news3 months ago03 mins

President Donald Trump’s administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs, potentially cushioning consumers from sticker shock while benefiting electronics giants including Apple Inc. and Samsung Electronics Co. The exclusions, published late Friday by US Customs and Border Protection, narrow the scope of the levies by excluding the products from Trump’s…