Happy New Year! Concession is made on GPUs and other parts
Those fearing that graphics cards could see a significant price increase due to US tariffs returning for certain Chinese components can take a sigh of relief — for now.
The Office of the United States Trade Representative announced on Friday that it will continue to exclude graphics cards and hundreds of other components from tariffs that were originally put on more than $300 billion in imports from China by the Trump administration in 2018.
The exclusions for the 352 products exported from China [PDF] were set to expire on New Year’s Eve, but the US trade office said it will continue to not slap tariffs on the components for another nine months. The Biden administration first applied the tariff exclusions in March after a previous exemption under Trump’s leadership expired at the end of 2020.
Exempting these Chinese-made components means such products will avoid potential price hikes from tariffs that were as much as 25 percent in some areas.
