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US tariffs will exempt smartphones and other key tech, for now
After imposing 145% tariffs on goods from China and temporarily suspending others, the White House says certain techs like phones,...
After imposing 145% tariffs on goods from China and temporarily suspending others, the White House says certain techs like phones, computers, and processors will be exempt from the additional import tax. According to a report from CNBC, Trump announced that a long list of tech imports like smartphones and computers would be exempt from the 145% tariff on China. The key takeaway at the time of writing seems to be that smartphones and components manufactured in China likely won’t skyrocket in price due to the tariff exemption.
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