So right now, if someone wants to import all of the parts needed to make a computer, they have to pay a massive tariff. But if they import the fully assembled computer, there is no tariff.
Wow- truly a genius plan to reshore tech manufacturing.
Joe Biden’s CHIPS and Science Act was a much better way of driving manufacturing in the U.S. and to better compete with China. We actually had good policy and threw it away.
New Tariff Rules Favor Apple, Nvidia, Dell and Others:
https://www.barrons.com/articles/tariffs-exclusions-exemptions-apple-nvidia-dell-smartphones-pcs-b2e069ff