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Latest Update by Trump announce Exempt Laptop Mobile Chip from Tariff on China

Posted by Tradelinecapital
13 Apr 2025 12:53:31 PM

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US PUBLISHES TARIFF EXCLUSIONS FOR SPECIFIED PRODUCTS
US TARIFF EXCLUSIONS APPLY TO COMPUTERS, SMARTPHONES
US TARIFF EXCLUSIONS ALSO APPLY TO CHIP-MAKING EQUIPMENT
TARIFF EXCLUSIONS APPLY TO SO-CALLED `RECIPROCAL' TARIFFS

Let's put the tariff exemptions into perspective:

The US imports approximately $100 billion of computers, smartphones, and chip-making equipment from China per year
A total of $439 billion of goods were imported from China into the US in 2024.
This means ~23% of ALL Chinese imports coming to the US are now exempt from "reciprocal Tariffs."
This is a massive U-Turn in tariff policy if applicable

Effect: This news is Positive for COPPER

Effect of this is complete negative on Gold as of now

Positive for Crude Oil

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