Smartphones, laptops and computer components will be exempt from the Trump administration’s latest round of tariffs. The US Customs and Border Protection issued an updated guidance on the reciprocal tariff exclusions for specified products late Friday. Smartphones, laptop computers, monitors, hard drives, memory chips and chipsets will be exempt from the latest round of tariffs, which reached 145% for imports coming from China. While this is good news for major players like Apple and Nvidia, the exemption may be short-lived. President Trump announced on Sunday that he would be placing...
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