President Trump announced new exemptions from reciprocal tariffs for certain electronics, including smartphones and display modules, effective retroactively from April 5. This decision expands the definition of “semiconductors” to include these products, which aims to bolster the electronics industry by reducing supply disruptions and costs. However, the exemptions are temporary, as the administration plans to implement sector-specific tariffs soon. Additionally, Trump clarified that these products remain subject to other existing tariffs, particularly a 20% duty on goods from China.

Source: https://www.supplychaindive.com/news/trump-electronics-tariff-exemption-list/745209/