It's turning out to be incredibly hard to dig up anything that might explain why and how Netgear managed to duck the tariffs, aside from its persistent lobbying efforts.
According to Wikipedia, Netgear's prime manufacturers include "Hon Hai Precision or Foxconn Corporation."
"Manufacturing occurs primarily in Vietnam, Thailand, Indonesia, and Taiwan."
"Netgear was unaffected by US President Donald Trump's 25% tariffs on Chinese imports. Because all manufacturing is outsourced, the company was able to shift its production lines from China to Vietnam, Thailand and Indonesia."
Some background, from 2025:
Yahoo: Netgear can double on TP-Link ban, may reach triple digits, says activist https://finance.yahoo.com/news/netgear-double-tp-ban-may-140746020.html
One rabbit hole leads to another. This story tracks the beginning of the attack on US democracy back to 2024.
NBC (2024): Mapping Trump's connections to tech's right-wing brotherhood https://www.nbcnews.com/tech/tech-news/mapping-trumps-connections-techs-right-wing-brotherhood-rcna180693 @NBCNews #Netgear #BigTech