Thursday, December 1st 2022
US Might Reimpose GPU Import Tariffs in the New Year
Currently, the US has an exclusion in place when it comes to import tariffs relating to graphics cards and GPUs imported from China, but the exclusion is set to expire on the 31st of December this year. So far, the US government has been quiet on whether or not the import tariff will be reinstated or not. If the tariff was to be reinstated, US consumers are looking at a 25 percent import duty on graphics cards, starting on the 1st of January, 2023.
There's no easy way to circumvent the tariff either, as it includes items like "printed circuit assemblies, constituting unfinished logic boards," according to Tom's Hardware. Not all graphics cards are made in China though, but the majority of graphics cards are today. It's possible that NVIDIA's move of its logistics center from Hong Kong to Taiwan could have some relation to this as well, as NVIDIA would then be shipping products out of Taiwan, rather than China, depending on how the US Customs classifies Hong Kong these days. We should know what happens in a month's time, but a 25 percent import duty on graphics cards will likely kill most sales, as most people already find them overpriced. This would of course affect AMD and NVIDIA, as well as their partners in the same way, unless they make their graphics cards outside of China.
Source:
Tom's Hardware
There's no easy way to circumvent the tariff either, as it includes items like "printed circuit assemblies, constituting unfinished logic boards," according to Tom's Hardware. Not all graphics cards are made in China though, but the majority of graphics cards are today. It's possible that NVIDIA's move of its logistics center from Hong Kong to Taiwan could have some relation to this as well, as NVIDIA would then be shipping products out of Taiwan, rather than China, depending on how the US Customs classifies Hong Kong these days. We should know what happens in a month's time, but a 25 percent import duty on graphics cards will likely kill most sales, as most people already find them overpriced. This would of course affect AMD and NVIDIA, as well as their partners in the same way, unless they make their graphics cards outside of China.
108 Comments on US Might Reimpose GPU Import Tariffs in the New Year
Gaming industry in nutshell. Boycot USA! Good that I'm living in EU :D.
Interesting
USA "Might get a new Import Tax" but a comparison of "other contries existing Import taxes" are off topic :confused::cool:
Likely should be posted like godeals24 software deals, Zero posting policy.
However, an exclusion for some products, like GPUs was made and that exclusion is now about to expire.
VAT = Value Added Tax, has nothing to do with importing goods. It's something individual countries add to certain types of goods.
You mean the logistics center?
It might, for Nvidia products, but that's not going to happen over night, the move that is.