Trump Exempts Phones, Computers, Other Electronics From Reciprocal Tariffs

President Donald Trump exempted a range of everyday products, specifically in the electronic category, from reciprocal tariffs while importing into the United States. Items excluded from reciprocal tariffs include smartphones, computers, servers, laptops, tablets, motherboards, processors, memory modules, machines used for manufacturing semiconductor devices, integrated circuits, flat panel displays, and related devices, according to updated guidance from the U.S. Customs and Border Protection published on April 11. The items will be exempt from tariffs imposed on countries by Trump, and the 145 percent tariff imposed on China, which is the major manufacturer and supplier for all these components. The tariff relief will be a boost for tech companies like Apple, whose shares had fallen since Trump announced the implementation of tariffs on April 2....