Trump's New Tariff Exclusions Will Benefit Tesla. Here's How. -- Barrons.com
The Trump administration is excluding smartphones and other select imports from its draconian tariff policies -- which will help Tesla.Friday, the U.S. Customs and Border Protection published a list of eight- or 10-digit numbers used to classify goods, known as HS codes, for "Reciprocal Tariff Exclusion for Specified Products.". The codes CBP listed include many semiconductor-related parts, among them smartphones. Flat-screen displays and integrated circuits are also on the list of items exempted from tariffs.That helps Tesla -- whose electric vehicles all have flat touchscreen displays and come with advanced onboard computers.Many flat-screen displays are manufactured in Asia, which Trump has targeted through tariffs. Taiwan Semiconductor and Samsung, who have manufactured chips for Tesla previously, have manufacturing capacity in China, Taiwan, South Korea, and other countries.Tesla didn't immediately respond to Barron's request for comment about the exclusions.Goods imported from So