The total amount of exemptions for American electronic products reaches 390 billion dollars! Apple, Nvidia, and TSMC temporarily avoid the 125% tariff hit.

The U.S. government announced on April 12 a temporary tax on electronic products such as smartphones, laptops, and chips, which has alleviated some pressure on well-known companies like Apple (, Nvidia ), and TSMC (, and has also helped consumers avoid a price big pump in the short term.

According to U.S. Secretary of Commerce Howard Lutnick in an interview on April 14, chips will be handled under the "semiconductor tariff" framework and taxed based on different logic, rather than being completely revoked. Although the exemption is only temporary, it is undoubtedly a shot in the arm for the global tech industry.

Mobile phones, computers, and chips are exempt from taxes and are not included in the 125% tariffs on China.

According to the announcement by the U.S. Customs and Border Protection on April 11:

smartphone

laptop

memory

processor

display

semiconductor manufacturing equipment

will not be subject to the 125% tariffs on China and the 10% global baseline tax proposed by Trump. This exemption will be retroactive to April 5, meaning that goods imported previously will also be eligible for the exemption.

The image shows the announcement of tariff exemptions for electronic products in the United States, with a total exemption amount reaching $390 billion, of which smartphones account for $41 billion.

According to think tank data:

The total amount of imported goods exempted in this wave reaches 390 billion USD.

Over 100 billion dollars from China

The largest category is smartphones, reaching 41 billion dollars, followed by laptops, memory, processors, and other computer peripherals.

The chart shows the proportion and total amount of tariff exemptions for electronic products by the U.S. government. AI chips and manufacturing equipment are also included, which is a big advantage for TSMC and NVIDIA.

This wave of exemptions also covers:

AI chip servers are mostly manufactured in Taiwan and Mexico.

Semiconductor manufacturing equipment, such as those produced by ASML and Tokyo Electron.

This reduces the import cost pressure for companies like TSMC), Samsung, and Intel, who are building factories in the United States, and indirectly strengthens the domestic semiconductor supply chain construction in the United States.

The United States is actively getting rid of Chinese-made technology products, and the supply chain still has to be pulled back to the United States

According to Bloomberg, White House spokesperson Leavitt stated that it has successfully secured commitments from global tech giants to invest trillions of dollars in the U.S., and these companies are also working to bring their production lines back to the United States.

However, it is also added that this exemption does not equate to abandoning the tariff strategy, but is merely a transitional arrangement for certain industrial sectors.

Commerce Secretary Lutnick stated that semiconductors and pharmaceuticals will be taxed in a different way.

Tariffs on electronic products such as smartphones and laptops are temporarily exempt. Commerce Secretary Lutnick emphasized this morning on 4/14 that these products will be classified under the "semiconductor tariff" framework and taxed using a different logic, rather than being completely abolished.

He added: "President Trump aims to list key products such as pharmaceuticals and semiconductors as non-negotiable items and make them part of national security projects, while also bringing key industries back to manufacturing in the United States."

Express delivery of 800 yuan tax-free handling, Trump targets small-scale trade with China

The Trump administration also further adjusted the 'De Minimis' policy, which originally was:

Single import goods under 800 USD are exempt from customs duties.

Starting now, we will first target China and begin to cancel this tax exemption.

The aim is to combat Chinese e-commerce platforms like Shein and Temu that sell to the U.S. market at low prices through "small packages."

Short-term incentives and long-term transformation in the United States

Some analysts believe that this wave of exemptions is:

Short-term relief from pressure on the technology industry and consumers

It may pave the way for a new round of targeted industrial tariffs.

It is not that Trump has softened, but rather that there has been a strategic shift.

But it also allows tech giants like Apple, Nvidia, and TSMC to avoid the impact of tariffs in the short term, but the direction of the Trump administration has not changed:

Key technology industries still need to be "Made in America"

Tariffs will shift towards "specific industries, specific products"

Prevent China from monopolizing the high-tech supply chain to protect the transformation space for American businesses and consumers.

( U.S. Secretary of Commerce Lutnick: Pharmaceuticals and chips will be listed as non-negotiable bargaining chips and will incur additional national security tariffs )

This article states that the total amount of US electronic product exemptions reaches $390 billion! Apple, NVIDIA, and TSMC temporarily avoid the 125% tariff impact, first appearing in Chain News ABMedia.