Trump exempts phones, laptops and electronics from 'reciprocal' tariffs
Share and Follow


It’s a move that could help keep prices down for popular consumer electronics that aren’t usually made in the U.S.

WASHINGTON — The Trump administration late Friday said they would exclude electronics like smartphones and laptops from “reciprocal” tariffs, a move that could help keep the prices down for popular consumer electronics that aren’t usually made in the U.S.

It would also benefit big tech companies like Apple and Samsung and chip makers like Nvidia.

U.S. Customs and Border Protection said items like smartphones, laptops, hard drives, flat-panel monitors and some chips would qualify for the exemption. Machines used to make semiconductors are excluded too. That means they won’t be subject to the current 145% tariffs levied on China or the 10% baseline tariffs elsewhere.

Trump previously said he would consider exempting some companies from tariffs.

The move takes off “a huge black cloud overhang for now over the tech sector and the pressure facing U.S. Big Tech,” said Wedbush analyst Dan Ives in a research note.

Neither Apple nor Samsung responded to a request for comment early Saturday. Nvidia declined to comment

Share and Follow
You May Also Like
Palmdale Street shooting on Jacksonville's Northwest side leaves man dead

New Year Chaos: Fireworks Dispute Sparks One of Two Jacksonville Shootings

Two shootings in Jacksonville on New Year’s Day left two individuals injured,…
Iran in shutdown as protesters storm governor's office, crowds chant 'Death to Khamenei'

Iran Faces Widespread Shutdown Amid Protests as Demonstrators Occupy Governor’s Office and Chant Against Khamenei

On Wednesday, life in Iran came to a halt as a government-mandated…
University of Alabama student suffers 'severe head injury' while on family vacation in Caribbean

Tragic Turn: University of Alabama Student Faces Severe Head Injury During Caribbean Family Vacation

A student from the University of Alabama endured several skull fractures and…
Texas woman tries to flee to Mexico across Rio Grande with infant after human smuggling bust, authorities say

Texas Woman Allegedly Attempts Rio Grande Escape to Mexico with Infant Following Human Smuggling Crackdown, Authorities Report

In a dramatic incident near the Texas-Mexico border, a woman, Brenda Castro,…
Body found confirmed to be missing Camila Mendoza Olmos in Texas, death ruled suicide

Tragic Discovery: Missing Texas Teen Camila Mendoza Olmos Found Dead, Suicide Confirmed by Authorities

The remains discovered in a Texas field have been identified as those…
Betty Boop and Blondie enter the public domain joining Mickey Mouse and Winnie the Pooh

Iconic Characters Betty Boop and Blondie Enter Public Domain, Joining Mickey Mouse and Winnie the Pooh

Beloved characters like Betty Boop and “Blondie” are set to join the…
No fireworks this New Year's Eve in Baker County amid burn ban, officials say

Baker County Cancels New Year’s Eve Fireworks Due to Burn Ban

In Baker County, officials have announced a strict prohibition on all forms…
Southcom carries out strike

US Military Executes Precision Strike, Dismantles Three-Vessel Narco-Terror Convoy at Sea

The U.S. military executed a series of overnight strikes targeting a convoy…