Trump exempts tax on electronic goods after tariff hike on China

Washington: US President Donald Trump has exempted electronic goods imported from other countries from additional taxes, a day after the US imposed a 145 percent tariff on Chinese products.

The exemption covers items such as smartphones, computers, semiconductors, solar cells, memory cards, and other electronic goods.

According to a notice issued by the US Customs and Border Protection, the move will also apply to similar products arriving from China, providing some relief despite the broader tariff hike.

The decision is being seen as a relief for US tech companies, which had raised concerns that increased taxes on Chinese goods could lead to a sharp rise in electronics prices in the American market.