🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
The Donald Trump Administration, Meeting with Major CEOs, Quietly Made a New Regulation on Customs Duties, Which Could Be Positive! Here are the Details
U.S. Customs and Border Protection (CBP) released updated tariff guidance and confirmed that 20 product categories covered by the United States Harmonized Tariff Schedule (HTSUS) will be exempt from the newly introduced "reciprocal tariffs."
The decision comes after a memorandum signed by President Donald Trump during a period of increased trade tensions with China.
Exemptions cover a wide range of technology-related products such as integrated circuits (HS 8542), smartphones (HS 8517.13.00), flat panel display modules (HS 8524), computers and components (HS 8471, 8473.30), and semiconductor manufacturing equipment (HS 8486). Other electronic products including solar cells, flat panel TV screens, flash drives, and memory cards are also included in the exemption list.
This guide comes after Trump announced earlier this month that he would impose a comprehensive customs duty of 145% on products imported from China; this decision has had a shocking effect on the technology sector and posed significant risks for companies like Apple, which largely rely on China-based production.
Industry analysts describe these exemptions as a significant gain for the technology sector. According to Evercore ISI, 80% of Apple's iPads and more than half of its Mac computers are produced in China. The new exemptions effectively shield Apple and other tech giants from the full burden of tariff increases.
Dan Ives, Global Head of Technology Research at Wedbush Securities, said in an interview with CNBC, "This is a dream scenario for technology investors," and added: "The exclusion of smartphones and chips is a scenario that changes the rules of the game when it comes to Chinese tariffs."
Ives noted that customs duties were hanging over the technology sector like a "dark cloud": "No sector would suffer as much as the big tech companies. I think in the end, the big tech CEOs raised their voices and the White House had to understand and listen to the situation. If implemented, it would be a doomsday for these big tech companies."
While the current exemptions provide temporary relief, the guide indicates that these products may still face taxes in the future, although any additional customs duties are expected to be significantly lower than the initial rate of 145%.