#USElectronicsTariffs Here's a rephrased version:
"US Electronics Tariffs (2018-2020):
The trade war with China led to tariffs on hundreds of billions of dollars' worth of Chinese electronics and components, with rates up to 25%. Some products, like smartphones and laptops, initially received exemptions.
Post-2021:
The Biden administration reviewed and maintained some tariffs. The USTR conducts periodic reviews and public comment sessions.
Impact:
- Higher prices for consumers
- Supply chain shifts to countries like Vietnam, India, and Mexico
- The CHIPS Act of 2022 invests in domestic semiconductor manufacturing to reduce reliance on imports."
This version still conveys the key points about the US-China trade war's impact on electronics tariffs and the industry's response.