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April 16, 2025

Trump Exempts Certain Electronics from Reciprocal Tariffs, Moves Towards Reshoring Tariffs on Chips

On April 11, President Donald Trump issued a memorandum to clarify that smartphones and certain other electronics are not subject to the now-125% “reciprocal” tariff on imports from China or the 10% “baseline” tariff on imports from most other trading partners. Customs and Border Protection issued related guidance late that evening. Specific products covered by the April 11 memorandum are listed below.

The memorandum spares covered imports from the “reciprocal” and “baseline” tariffs by expanding an existing carveout for semiconductors. However, the president and Commerce Secretary Howard Lutnick have indicated that these goods will soon be subject to sector-specific “reshoring” tariffs levied under Section 232 of the Trade Expansion Act of 1962. The administration began the process of imposing these tariffs on April 14.

The products listed in the memorandum remain subject to the 20% tariff on imports from China imposed in response to the fentanyl crisis. Imports of these products from Canada and Mexico that do not qualify under the United States-Mexico-Canada Agreement (USMCA) also remain subject to a 25% tariff.

April 16, 2025 tariff schedule

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