April 12, 2025, 10:20 am
The Trump administration announced a targeted decision to exclude select electronics such as smartphones and laptops from the scope of reciprocal tariffs as part of a broader trade policy adjustment. Officials explained that this measure is designed to keep consumer prices stable and support leading tech companies like Apple and Samsung during ongoing trade talks. The move reflects a strategic effort to alleviate economic pressure amid broader tariff disputes.
Trump’s administration claims tariffs on Chinese goods will force Apple to make iPhones in the U.S., but that’s unlikely since, despite tariffs of up to 145%, Apple still relies on China for most of its manufacturing.
It would take several years and cost billions of dollars to build new plants in the U.S.
The Trump administration will exclude electronics like smartphones and laptops from reciprocal tariffs, which could keep prices down for popular consumer electronics in the U.S.
The Trump administration will exclude electronics such as smartphones and laptops from reciprocal tariffs to help keep consumer prices low and benefit major tech companies like Apple and Samsung.
5 stories from 5 sources in 30 hours ago ... #economy #global-trade #business #tariffs #us-relations
A Minecraft Movie Box Office Second Weekend Success (3 hours ago)
Oscar Piastri Clinches Victory at F1 Bahrain Grand Prix (3 hours ago)
Toronto Raptors Finalize Signing of Centre Colin Castleton (4 hours ago)
Oscar Piastri Clinches Victory at F1 Bahrain Grand Prix (3 hours ago)
Pope Francis conducts Holy Week greeting amid recovery health concerns (9 hours ago)
Economists forecast steady 2.6% annual inflation rate for March release (9 hours ago)
A Minecraft Movie Box Office Second Weekend Success (3 hours ago)
Oscar Piastri Clinches Victory at F1 Bahrain Grand Prix (3 hours ago)
Canadian news compensation legislation must account for AI’s impact (6 hours ago)
Liberal campaign staff implicated in ‘Stop the Steal’ button scheme (0 hours ago)
Economists forecast steady 2.6% annual inflation rate for March release (9 hours ago)
Trump tariffs disrupt importers and local markets (34 hours ago)
US wins 2-1 in Women’s hockey championship game (0 hours ago)
State Department probes alleged anti-Christian bias under Biden administration (1 hour ago)
Schumer demands halt to helicopter flights after Hudson crash (2 hours ago)
Disclaimer: The information provided on this website is intended for general informational purposes only. While we strive for accuracy, we do not guarantee the completeness or reliability of the content. Users are encouraged to verify all details independently. We accept no liability for errors, omissions, or any decisions made based on this information.