Trump exempts smartphones and computers from new tariffs
In a notice issued by U.S. Customs and Border Protection, the agency confirmed that several electronic goods—most notably smartphones and semiconductors—will now be excluded from the 10% global tariff imposed by former President Donald Trump, as well as the steep China-specific import duties. This marks the first major relief from Trump-era tariffs on Chinese goods, with some trade analysts calling it a “game-changing scenario.” The move follows increasing pressure from U.S. tech giants warning that production costs—and ultimately consumer prices—could surge due to the tariffs, as much of their manufacturing is based in China. While en route to Miami on Saturday, Trump told reporters he would share more details on the exemptions early next week. The tariff exclusions, retroactively effective from April 5, also cover a range of other electronics and components, such as memory cards, solar cells, and integrated […]
