By Jeffrey A. Newman
Smartphones, laptop computers, memory chips and other electronics are now exempted from tariffs on China, which could ease an increase in cost for electronic products imported to the U.S.
In addition there is also a new exemption for imported machines used to create semiconductors, flat screen TVs, tablets and desktop computers from the 25% tariff and 10% tariff on countries around the world. These changes are expected to benefit Apple, Microsoft, HP, Dell and Microsoft which make much of their products outside this country.
Jeff Newman JD MBA, represents whistleblowers in tariff fraud cases concerning imported Chinese goods as well as Medicare and Medicaid fraud cases under the False Claims Act (Qui Tam), and SEC, IRS and FINCEN whistleblower programs. He can be reached at Jeff@JeffNewmanLaw.com or at 617-823-3217
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