Reported 2 days ago
The Trump administration has granted exemptions to smartphones, laptops, and other electronic devices from reciprocal tariffs, providing significant relief to major tech companies like Apple and Nvidia. This decision, which applies to approximately $390 billion in US imports, aims to mitigate potential price increases for consumers and reflects a softening stance in the US-China trade conflict. However, other import categories face high tariffs, and future tariffs on semiconductors may still be on the horizon.
Source: YAHOO