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Tariffs

Smartphones And Other Consumer Electronics From China Will Still Face Tariffs

US commerce secretary Howard Lutnick has warned that smartphones and other consumer electronics imported to America from China will still face tariffs, dealing a blow to hopes of a reprieve for Big Tech companies such as Apple, Nvidia and Microsoft, Financial Times reported. Donald Trump’s administration this weekend excluded phones, chipmaking equipment and certain computers from steep “reciprocal” tariffs in

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Trump Exempts Phones, Computers, And Chips From New Tariffs

President Donald Trump exempted smartphones, computers, and other tech devices and components from his reciprocal tariffs, new guidance from U.S. Customs and Border Protection shows, CNBC reported. The guidance, issued late Friday evening, comes after Trump earlier this month imposed 145% tariffs on products from China, a move that threatened to take a toll on tech giants like Apple, which

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