Brief by Shorts91NewsDesk / 04:23am on 13 Apr 2025,Sunday Business
The Trump administration has granted key exemptions to US tech companies by removing smartphones, laptops, and semiconductor components from a sweeping list of Chinese goods targeted by new tariffs. Originally set to face reciprocal tariffs as high as 145%, these electronics will now avoid the brunt of the trade measures. The decision is seen as a strategic move to protect American consumers and tech giants like Apple and Nvidia, who rely heavily on Chinese manufacturing. However, these items still remain under a separate 20% China-specific tariff enacted last month, maintaining pressure amid ongoing trade tensions. (PC: Investopedia)
