https://www.marketwatch.com/articles/tariffs-exclusions-exemptions-apple-nvidia-dell-smartphones-pcs-b2e069ff?mod=home_ln https://www.marketwatch.com/articles/t

https://www.marketwatch.com/articles/tariffs-exclusions-exemptions-apple-nvidia-dell-smartphones-pcs-b2e069ff?mod=home_ln https://www.marketwatch.com/articles/tariffs-exclusions-exem... >This latest round of tariff rates is currently set at 125% for Chinese goods and a 10% tax on imports from other trading partners. China also had an additional 20% tax on its goods that began in March, bringing its total to 145%. Importers of these electronics will no longer face the newest taxes, and it cuts the Chinese rate down to 20% for them. The exceptions cover $385 billion worth of 2024 imports, 12% of the total. It includes $100 billion from China, 23% of 2024 imports from there. For these electronics, the average tax rate went from 45% to 5% with this rule. The biggest global exemption is the import category that includes PCs and servers, with $140 billion in 2024 imports, 26% of it from China. Circumstances may change again, but this benefits AI king Nvidia, server-makers like Dell, Hewlett Packard Enterprise HPE +2.91% , and Super Micro, and PC makers like Dell and HP HPQ +2.49% . The average tax rate went from 45% to 5% here, according to Barron’s calculations. The biggest newly exempt category for Chinese goods is smartphones, with $41 billion in 2024 U.S. imports, 81% of all smartphone imports. A 145% tax on that would be $60 billion, but even the new 20% tax is a hefty $8 billion.