This important step of Trump will be new amidst trade war

International News: The US administration has recently taken an important decision, which has reduced tariff rates on smartphones, computers and other electronics products. This decision will give great relief to consumers and they will not have to pay more prices for these products. The US administration has decided to reduce tariff rates on products such as smartphones, laptop computers, hard drives and computer processors and memory chips. This will reduce the prices of these products and will benefit consumers.

Which products will apply to this discount?

• Under this discount, tariff rates on the following products are being reduced:
• smart fone
• laptop computer
• hard drive
• Computer Processor and Memory Chips
• Machines used to make semiconductor

Why was this decision taken?

The decision has been taken by the US administration amidst the trade war, in which the tariff rates between the US and China were increased. This decision will provide relief to American companies and consumers and will not have to pay more prices on imported products from China.

What will be its effect?

This decision will positively affect the US economy and will benefit consumers. This will also benefit American companies, which depend on imported products from China. In addition, semiconductor manufacturers will also benefit, who are planning to invest in the US. This decision of US administration will provide great relief to consumers and companies. This will also have a positive impact on the US economy. It remains to be seen how this decision will affect the American economy and what effect it will have in the future.

Apple got a big relief

After increasing the tariff on China by the US, there was a lot of pressure on the tech companies like Apple. An $ 700 import tax had to be paid on an iPhone, which increased the cost significantly. But now Apple has got a big relief under the new exemption policy of the US Customs Department (CBP). The special thing is that 90% of iPhones are prepared in China, so this discount will prove to be very beneficial for the company. In addition, semiconductors are also excluded from heavy tariffs.