A long list of electronic products got a reprieve for now from at least some of the levies on China, which had been expected to take a toll on tech giants like Apple.
Smartphones, laptop computers, memory chips and other electronics will be exempt from President Trump's sweeping tariffs on China, according to new guidance from the administration, in another step back that could ease some consumer concerns about an immediate spike in costs for electronic products.
The United States has excluded certain electronics like smartphones and computers from President Donald Trump's reciprocal tariffs, according to a list of items published by the U.S. Customs and Border Protection late Friday.
Smartphones and computers will be exempted from Trump's reciprocal tariffs. Trump earlier this month imposed 125% tariffs on products from China, a move that was poised to take a toll on tech companies like Apple, which makes most of its other products in China.
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