The Trump administration exempted mutual tariffs on some consumer electronics, similar to mobile phones and computers, that are mainly imported from China. This led to a sigh.
The US Customs Border Protection Agency (CBP) announced on December 12 (local time) a mutual tariff exemption for 20 products, including code 8471, including computers, laptops, disk drives and data processing devices. This included semiconductor devices, equipment, memory chips and flat panel displays.
In consequence, corporations similar to Apple and Dell, which assemble a lot of the iPhones from China, have reduced the worth burden. Dan Ives Wed Bush Securities analyst said, “That is essentially the most encouraging news this weekend.”
But he identified that “there remains to be uncertainty and volatility in China’s negotiations.” It’s because this measure was taken as an initial measure to forestall the extra tariffs on certain items from being collected within the national tariff rate.
Thus, tariffs could also be temporary. Bloomberg quotes sources that President Donald Trump will start a brand new national security trade investigation on semiconductors, which may result in other recent tariffs.
The truth is, the US government goals to fabricate the identical product, similar to the iPhone, in the US. White House spokesman Caroline Libit said, “Trump has made it clear that China cannot depend on China on necessary technologies similar to semiconductors, chips, smartphones, and laptops,” he said.
However the opinion that it’s unattainable is overwhelming.
Already, Steve Jobs founders and CEO Tim Cook said that it’s difficult to provide iPhones elsewhere on account of technical problems, relatively than using China on account of low labor costs. In other words, production facilities and high -end manufacturers are absolutely lacking in other countries, and it could take a long time to have it.
By Dae -jun Lim, reporter ydj@aitimes.com
