$BTC According to BlockBeats, the US government has quietly revised its tariff policy by exempting electronic products such as smartphones, laptops, and chips from reciprocal tariffs. Robert Gulotti, a political science professor at the University of Chicago, stated that this change was triggered by a chain reaction caused by tariff policies, which have reached a critical point for the US government leadership. Economist Jared Bernstein explained that the exemption of tariffs on certain electronic products indicates that the Trump administration is beginning to recognize the real-world impacts of tariffs. He warned that if the effects of tariffs extend to the bond market, the risk of systemic collapse could sharply increase, potentially triggering a global financial crisis.