By Admin 
Trump Tariff: US President Donald Trump imposed reciperook tariffs on several countries including China. He said that other countries collect high tariffs from America and now America will also collect high tariffs from them. He had told that his tariff policy will promote manufacturing in America and will also speed up the American economy.
However, it seems to be reverse now because America is a country where there are many things that are not either manufactured or at very low levels. In such a situation, it is obvious that these products will be ordered from other countries and the same thing is now knocking on American companies because they will also have to face their retaliation for ordering goods from other countries.
Many American companies trust Chinese manufacturing
Now take China only. The US has imposed a huge tariff of 145 percent on Chinese imports. At the same time, China has also given a befitting reply to this and has imposed a 125 percent tariff on America. Apart from this, the 20 percent tariff already imposed is separate i.e. Total 145 percent tariff.
It is well known that products of many tech companies like Apple are prepared in China. Now when the goods are brought to America from here, they will have to pay high tariffs on them. The effect of this concern is that the shares of companies like Apple, Nvidia saw a huge decline and as a result the US stock market also suffered a strong loss. Perhaps this is the reason why smartphones and computers will no longer come under the purview of American reciperook tariff.
These products will not come under the purview of reciperook tariff
According to the notice issued by S Customs and Border Protection, smartphones, laptops and many other tech components will not come under the purview of reciperochl tariff. On Friday, the US CBP made a list of 20 such product categories, which will not be brought under the reciperoot tariff.
These include smartphones, computer/laptop telecom equipment, disc drive, recording device, data processing machine, printed circuit board assembly, wireless earphones, routers. The move will provide relief to many impoters and American tech companies, which are dependent on China for manufacturing.
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For the first time, Taiwan spoke with America about tariff, officials of both countries came face to face through video conference