U.S. Quietly Exempts Electronics from Tariffs

According to BlockBeats, the U.S. government has quietly revised its tariff policy, removing reciprocal tariffs on smartphones, laptops, and chips.

Why?

Political science professor Robert Gulotti (University of Chicago) says this move is a response to a chain reaction caused by earlier tariffs, reaching a critical point for U.S. leadership.

Expert Insight:

Economist Jared Bernstein suggests the Trump administration is starting to realize the real-world consequences of tariffs.

He warns that if tariff effects spill into the bond market, it could raise the risk of a systemic collapse, possibly triggering a global financial crisis.