Trump exempts smartphones and computers from new tariffs

President Donald Trump’s administration has exempted smartphones and computers from reciprocal tariffs, including the 125% levies imposed on Chinese imports.
US Customs and Border Patrol published a notice late on Friday explaining the goods would be excluded from Trump’s 10% global tariff on most countries and the much larger Chinese import tax.
The move comes after concerns from US tech companies that the price of gadgets could skyrocket, as many of them are made in China.
The exemptions also include other electronic devices and components, including semiconductors, solar cells and memory cards.
The US is a major market for iPhones, while Apple accounted for more than half of its smartphones sales last year, according to Counterpoint Research.

Source: BBC | Language: English