💨 Abstract

The Trump administration in the US has exempted electronics such as phones, computers, semiconductor chips, and routers from the reciprocal tariffs imposed on other nations, including China. This move could lower the prices for consumers and benefit companies like Apple, which manufactures many of its products in China. However, President Trump has indicated that sector-specific tariffs on goods like semiconductor chips may be imposed in the future.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖