Trump Exempts Phones, Computers, and Chips from New Tariffs, Including on Chinese Imports
- The Trump administration announced an exemption for smartphones, laptops, and some chips from tariffs, which will help keep prices down for consumer electronics that are not typically made in the U.S.
- U.S. Customs and Border Protection confirmed that many electronic items, including flat-panel monitors, will qualify for the exemption.
- Wedbush analyst Dan Ives stated that this exemption removes pressure on the tech sector and U.S. Big Tech companies like Apple and Samsung.
- Machines used to make semiconductors are also exempted from the current tariffs imposed on China and other places.
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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 Sources408
Leaning Left73Leaning Right47Center121Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 30%
C 50%
R 20%
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