US extends tariff exemption on GPUs and PCBs for another nine months


Source: techspot.com techspot.com

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In context: In March 2022, the office of the United States Trade Representative (USTR) announced it was exempting certain categories of Chinese products from the tariffs introduced under Trump. Those exemptions were scheduled to expire on December 31 but have been extended for an additional nine months. Then-President Donald Trump directed the USTR to create the tariffs in 2018 amid the trade war with China. After the Biden administration took power, the USTR started an investigation into the usefulness of the tariffs and based on its initial findings, granted exemptions for 352 product categories out of a possible 549. Their...