Trump ‘auto’ tariffs will also include computers, laptops and desktops – report

Reuters reports on some of the details of the auto tariffs from Trump, which go well beyond autos and parts. A big change is that they will include a 25% tariff on all computer imports, including laptops and desktops. That was $138.5 billion in 2024 and was not something that was rumored.

Other parts of it are comprehensive as well, as there don’t appear to be many exceptions:

• Tires
• Engines
• Transmissions
• Lithium-ion batteries
• Lesser parts

Reuters cites an analysis of the tariff codes listed in the Federal Register. There is a chance this is a mistake by the wire or the White House but watch computer vendors, particularly those that manufacture abroad.

This article was written by Adam Button at www.forexlive.com.