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Trump exempts smartphones and laptops from new tariffs


The Trump administration is carving out big tariff exemptions for the tech industry. While President Donald Trump said Wednesday that he would delay many

The Trump administration is carving out big tariff exemptions for the tech industry. Those debates may be paused after Friday evening, when U.S. Customs and Border Protection posted a list of product categories that are “excluded from the reciprocal tariffs imposed under Executive Order 14257,” with the exclusions backdated to April 5. Those efforts seemed to bear little fruit — until last night’s announcement, which Daniel Ives, global head of technology research at Wedbush Securities, described as “a dream scenario for tech investors.”

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