#TariffsPause
Trump Exempts Phones, Computers, Chips From 'Reciprocal' Tariffs
Summary by Bloomberg Al
• The Trump administration exempted smartphones, computers, and other electronics from reciprocal tariffs, potentially reducing sticker shock for consumers and benefiting electronics giants like Apple and Samsung.
• The exclusions apply to popular consumer electronics items not made in the US, such as smartphones, laptop computers, and computer processors, as well as machines used to make semiconductors.
The tariff reprieve may be temporary, as the exclusions may soon be replaced by a different, likely lower, tariff for China.$ETH
