Trump Administration Exempts Key Tech Products from Tariffs

Trump Administration Exempts Key Tech Products from Tariffs
The Trump administration has announced significant tariff exemptions for the tech industry, delaying many previously announced tariffs while maintaining a baseline 10% tariff. Notably, smartphones, laptops, hard drives, and semiconductors will be exempt from the new 125% tariff on Chinese goods. This decision has been welcomed by tech giants like Apple and Nvidia, potentially easing costs for consumers. However, further investigations into semiconductor-related national security issues could still loom, leaving the tech landscape uncertain. Investors view this as a significant win for the industry.