The U.S. Announces A Temporary Tariff Exemption for Smartphones, Computers, Microchips
Importers should prepare for additional changes, as tariffs on semiconductors can be expected within the next two months.
The Trump Administration has issued an executive order announcing a temporary tariff exemption for smartphones, computers, and other electronic imports affected by the recently introduced reciprocal tariffs.
The new tariff exemption also applies to products such as hard drives, memory chips, flat-panel television screens, and semiconductors.
In a notice, U.S. Customs and Border Protection (CBP) stated that these goods would be exempt from Trump's 10% global tariff imposed on most countries.
Electronics made in China and imported into the U.S. are also included in the exemption. However, until further notice, the 20% fentanyl-related tariff will still apply to these imports.
Commerce Secretary Howard Lutnick stated on Sunday that critical technology products, including semiconductors, are expected to face separate new duties within the next two months.
CBP released updated guidance late Friday that specifies HTSUS modifications to reflect goods affected by the tariff exemption—effective as of 12:01 a.m. Eastern Daylight Time on April 5, 2025.
Any duties collected on imports classified as "semiconductors" at or after 12:01 a.m. Eastern Daylight Time on April 5, 2025, will be refunded in accordance with CBP’s standard refund procedures.
If you import electronics into the U.S., be prepared for possible cost increases once new duties on critical technology products, including semiconductors, are introduced in the coming months.
At Cole International, we offer customs and compliance consulting services to help importers navigate changing tariffs and regulations. We also provide timely and efficient customs brokerage services to streamline importing into the U.S.
Please reach out to one of our trade professionals to discuss this tariff exemption and how potential tariffs may impact your business.