China-made iPhones exempt from tariffs, US Commerce Secretary hints at future taxes

On the night of April 11, Eastern Time, the US Customs and Border Protection (CBP) announced the exclusion of several products from “reciprocal tariffs,” including smartphones, computers, semiconductor equipment, and IC components. According to The Financial Times, US Secretary of Commerce Howard Lutnick explained the rationale behind President Trump’s tariff exemptions in a recent statement on April 14.

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Philippine-based manufacturers gain unexpected edge amid US tariff tensions

US tariff policy uncertainties have created challenges and opportunities for international manufacturers. Companies in countries with lower reciprocal tariffs enjoy a competitive edge. Sercomm, a networking equipment manufacturer, has found its production strategy advantageous amid the tariff volatility. The company, which concentrates approximately 60% of its production in the Philippines for the North American market, benefits from the Philippines’ relatively lower tariff rate of 17%, compared to the potential 46% rate for Vietnam.

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China wields diplomacy and countermeasures as shield against US tariffs

China is navigating the complexities of ongoing trade tensions with the US by employing a dual strategy of diplomatic engagement and strategic countermeasures. President Xi Jinping has taken a proactive role in fostering international trade relations, emphasizing the detrimental effects of tariff conflicts, while simultaneously addressing the practical challenges posed by US trade policies.

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Laster Tech’s Q1 revenue surges 17.34%, sets record despite US-China tariff challenges

Laster Tech, a leading purveyor of LED automotive modules, reported a consolidated revenue of NT$708 million (approx. US$21.63 million) for March 2025, a striking 38.42% surge year-over-year, propelled by steadfast growth in LED headlamp modules and lighting controllers. The firm’s first-quarter tally reached NT$2.049 billion, up 17.34% from the prior year, setting a record for the period.

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AIDC strengthens military momentum with drone countermeasure systems set to launch in June

Taiwan’s Aerospace Industrial Development Corp. (AIDC) is approaching the final stages of its current domestic aircraft development initiatives, with its chairman, Hu Kai-Hung, noting that 2026 is anticipated to be a particularly challenging year. Despite this, AIDC’s recent operational forecast indicates strong performance in its military sector. This includes a surge in aircraft maintenance contracts and substantial investments in drone countermeasure technologies, which are scheduled for launch in June.

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