Summary

  • American computer manufacturer Framework has reversed a price hike on its products in the US, introduced in response to President Donald Trump’s new tariffs on China, after the president promised a 90-day pause on tariffs in most countries less than a day after they came into force.
  • However, the company has now said it will still impose a 10% tariff on its cheapest laptops, because it cannot absorb the remaining 10% tariff on Taiwan-made machines.
  • Also, some prices will remain higher on China-made components, such as 9, or 39.
  • The company has confirmed it will delay the opening of pre-orders for its new entry-level Framework Laptop 12 in the US while it puts the product on sale in other territories.
  • The tariffs, which are aimed at reducing the US trade deficit and helping to protect American jobs, came into force at 12.01am ET on Wednesday.

By Sean Hollister

Original Article