Lucy Nicholson/Reuters
President Donald Trump escalated his trade war with China by imposing 10% tariffs on about $200 billion worth of Chinese imports. The US will spare the Apple Watch and other consumer gadgets from the latest round of tariffs on Chinese goods. But parts for computer servers and networking gear that power “cloud” data centers and Internet-based services now face a levy. Parts for the machines used to make semiconductors will also face tariffs.
The United States will spare the Apple Watch and other consumer gadgets from the latest round of tariffs on Chinese goods, according to a list of products released by the US Trade Representative (USTR) on Monday.
But parts for the computer servers and networking gear that power “cloud” data centers and Internet-based services now face a levy, as do some of the parts for the machines used to make semiconductors.See the rest of the story at Business Insider
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