Reported 2 days ago
The Trump administration announced it will exclude electronics such as smartphones and laptops from reciprocal tariffs, an effort to keep consumer prices stable for these popular devices typically not manufactured in the U.S. This exemption could benefit major tech companies like Apple and Samsung, potentially sparking a rally in tech stocks. The decision reflects the administration's acknowledgment that tariffs on China are unlikely to shift production to the U.S. anytime soon.
Source: YAHOO