President Trump exempts electronic components from tariffs, but new tariffs expected
From Yahoo Finance: 2025-04-19 11:34:00
President Trump has exempted smartphones, computers, and various electronic components from reciprocal tariffs with China, following the imposition of 145% tariffs. The exemptions are intended to allow companies time to relocate production to the US. However, new tariffs are expected, affecting tech and electronics industries.
The US Commerce Department has initiated a national security investigation into semiconductor imports and related products, including silicon wafers and chip-making equipment. The investigation seeks public comments until May 7, 2025, indicating that semiconductors are not excluded from President Trump’s tariff plans, impacting the electronic supply chain.
Amphenol Corporation (NYSE:APH), a major electronic components company, is ranked highly among stocks to buy. Citi adjusted its outlook on APH, lowering its price target due to anticipated weaker demand from economic conditions. While APH ranks well, Citi believes AI stocks hold greater promise for higher returns in a shorter time frame.
APH ranks 1st on the list of best electronic components stocks to buy now, despite Citi lowering its price target. The potential of APH as an investment is recognized, but AI stocks are seen as having greater potential for higher returns. If looking for an AI stock with promising returns and trading at a discount, consider the cheapest AI stock mentioned in the report.
Read more at Yahoo Finance: The Best Electronic Components Stock to Buy Now