Trump spares Big Tech from tariff hike

Trump spares Big Tech from tariff hike

Smartphones, laptops, and chips excempt from steep new tariffs
Published on

Key topics

  • Trump exempts phones, laptops, chips from new China/global tariffs

  • Apple, Nvidia, and AI chip firms gain big but relief may be short-lived

  • Exemptions spare $390B in imports; new sectoral tariffs may follow

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By Debby Wu, Josh Wingrove and Shawn Donnan

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