đź’¨ Abstract
The Trump administration has announced exemptions on tariffs for smartphones, laptops, hard drives, and semiconductors, providing a relief for the tech industry. The 10% universal baseline tariff and the 125% tariff on Chinese goods will not apply to these products. However, the industry could still face targeted tariffs and restrictions, such as an investigation into semiconductors by the Trump administration.
Courtesy: techcrunch.com
Summarized by Einstein Beta 🤖
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