This measure could illuminate the impact of rates on consumers and benefit companies such as Apple and Samsung Electronics.
The US government has announced a series of TARIVE FREEMENTS For mobile phones, computers, microprocessors and other electronic products that will be applied to the taxes ordered on 2 April by President Donald Trump.
The exemptions, published in a bulletin of the customs office and border protection of the country, form a limitation of the taxes by excluding these products from two types of rates: The rate of 125 % applies to China and the 10 % basic rate For almost all other countries.
This measure could relieve the impact of rates on consumers and benefit companies such as Apple and Samsung ElectronicsAmong other things.
Exclusions apply to Mobile phones, laptops, hard drivesMicroprocessors and memory chips, as well as machines used to make semiconductors, in a nod to the Taiwan Semiconductor Giant Manufacturing Co.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
