Trump Exempts Phones, Computers, and Chips from New Tariffs, Including on Chinese Imports
- The Trump administration announced exemptions for smartphones, laptops, and chips from new tariffs, which may lower prices for consumers and benefit tech companies like Apple and Samsung.
- U.S. Customs and Border Protection confirmed that items like smartphones and laptops would not face the 145% tariffs on Chinese products.
- Wedbush analyst Dan Ives stated the exemptions are a 'game changer scenario when it comes to China tariffs' and relieve pressure on the tech sector.
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Apple, Nvidia, and Microsoft can 'breathe a huge sigh of relief' after Trump's China tariff exemptions
The ever-growing U.S. tariffs on imports from China won’t bite Big Tech so badly after all, after the Trump administration late Friday laid out significant exemptions from its wider trade war that include smartphones, laptop computers, chips, and more.Read more...
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Total News Sources616
Leaning Left97Leaning Right59Center216Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
L 26%
C 58%
R 16%
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