The US government decided to postpone the re -enforcement of customs duties on Chinese goods again to avoid the potential prices of computer components such as graphics cards and central processing units.
The customs duties imposed on China in 2018 stems from the Trump administration to impose customs customs definitions of up to 25 % on Chinese goods worth billions of dollars.
Because these definitions were controversial at home and abroad, President Trump suspended them in September 2019 to January 2021, which led to the high prices of graphics cards.
Then the Biden Administration suspended customs duties again in March 2022. It was originally scheduled to resume customs definitions at the end of 2023, but at the last minute it was decided to extend and postpone the date to May 31.
About 437 products are affected by definitions, including the ingredients needed to produce computer components, such as PCBS boards, as well as computer components themselves, such as: graphics cards, central processing units, motherboard, and SSD drives. , Etc.
If the American commercial actor did not announce on December 26 that customs duties would not be re -imposed until May 31, these products would have become more expensive by 2024.
According to what was reported, the US Free Trade Association urged the US government to remove customs duties permanently five days before the original deadline, and with the lack of time for companies to amend their plans, saying that it failed and will harm the American economy.