Could tariffs impact what you pay for new gadgets?
- Shares in Taiwan rose sharply by more than 300 points after the U.S. Exempted electronics from tariffs, ending the day up 344.58 points, according to the Taiwan Stock Exchange .
- The U.S. Government exempted electronic imports from reciprocal tariffs, benefiting companies such as Taiwan Semiconductor Manufacturing Co. , which closed up 1.39 percent at NT$877.00, contributing 95 points to the Taiex's rise.
- Despite the market rebound, analysts remain cautious about potential future U.S. Tariff actions on semiconductors, with market sentiment staying low due to uncertainty in upcoming decisions by President Trump.
- President Xi Jinping of China urged Vietnam to oppose 'U.S. Bullying' while negotiating a reduction of threatened tariffs, emphasizing the need for stability in global trade during his Southeast Asia tour.
45 Articles
45 Articles
Could tariffs impact what you pay for new gadgets?
Earlier this week, just days after saying smartphones, laptops, and other devices would be exempt from his tariffs plan, President Trump shifted gears saying these products and parts used to make them would be targeted soon. "The tariffs will be in place in the not distant future," Trump told reporters Sunday. "Because as you know, like we did with steel, like we did with automobiles, like we did with aluminum which are now fully on, we'll be do…
Taiwan shares end up over 300 points on U.S. rally - Focus Taiwan
Taipei, April 15 (CNA) Shares in Taiwan moved higher sharply by more than 300 points Tuesday as buying was sparked by a rally in the United States overnight on the back of exemptions on tariffs from the White House for electronics items such as smartphones and computers, dealers said.
Trump now says smartphones ‘not exempt’ from tariffs
WASHINGTON / BEIJING: Days after his administration ‘exempted’ electronics items — such as smartphones — from its new tariff regime, US President Donald Trump has claimed that they are simply being moved into a different levy ‘bucket’, BBC News reported. European markets rebounded on Monday morning, following last week’s announcement that some of these products would escape levies of up to 145 per cent. However, BBC News quoted US officials as …
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