President Donald Trump has rolled back some of his most aggressive trade measures by granting tariff exemptions for a range of consumer electronics, offering critical relief to companies such as Apple, Dell, and Nvidia.
In guidance issued late Friday, the US Customs and Border Protection agency confirmed that smartphones, laptops, computer chips, and other electronics would be excluded from the administration’s latest round of reciprocal tariffs targeting China.
The exemptions apply retroactively from April 5 and cover approximately 20 product categories. [Read more…] about Trump grants tariff exemptions for Apple and other tech firms