Tariff exemptions for smartphones and other tech: What it means for you
- The United States exempted smartphones and electronics from tariffs, according to a bulletin.
- Former President Trump had previously imposed these tariffs on imports coming from China.
- Exemptions apply to high-tech goods like semiconductors, computer processors, and hard drives.
- Some electronics from China faced combined tariffs reaching 145%, but the 256GB iPhone 16e costs $699.
- Analysts believe this move will ease cost pressures and benefit consumers in the tech sector.
14 Articles
14 Articles
Wait a Second. Those Tech Tariffs Are Only Temporary, Lutnick Says
Tariff exemptions for smartphones, PCs, and the other tech products announced by the White House on Friday are only temporary, says Commerce Secretary Howard Lutnick. Appearing on ABC's This Week, Lutnick said Sunday that those products are going to be part of the semiconductor sector tariffs, wh
Trump Exempts Smartphones, Other Electronics From Additional Tariff On China
The Trump administration released new guidance late Friday night on its tariff on China, exempting electronic devices such as smartphones and laptops. The guidance, posted by U.S. Customs and Border Protection, which oversees collecting taxes on imports, could relieve some anxiety among consumers and tech giants like Apple and Microsoft, which manufacture many of their ...
Japan’s Nikkei trades higher as iPhone-related stocks jump - Regional Media News
TOKYO (Reuters) – Japan’s Nikkei share average traded higher early on Monday as iPhone-related shares jumped after the U.S. administration granted exclusions from steep tariffs on smartphones and other electronics imported largely from China. As of 0030 GMT, the Nikkei had gained 2% to 34,267.97. The broader Topix was up 1.87% at 2,513.03. U.S. President Donald Trump’s administration granted exclusions from steep tariffs on smartphones, computer…
Trump softens tariffs on phones and computers—but confusion reigns over what comes next
Exemptions for tech giants offer temporary relief, but Commerce Secretary warns new tariffs are on the way President Donald Trump has granted a sweeping exemption for smartphones, laptops, and other electronics from his recently imposed “reciprocal tariffs”—but his own officials now suggest the reprieve may be short-lived. The move, announced late Friday by U.S. Customs and Border Protection, removes some of the steepest tariffs—up to 145%—f…
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