On April 11, 2025, President Donald J. Trump issued a presidential memorandum exempting smartphones, laptop computers, and some other electronic devices from the 10% baseline and the 125% China-specific “reciprocal” tariffs currently in effect. Among the other electronics included in the exemption were semiconductors, solar cells, flat-panel TV displays, flash drives, memory cards, and solid-state drives used for storing data.
View other S&C insights relating to President Trump’s recent executive orders.