💨 Abstract

The U.S. government has granted tariff exclusions for smartphones, computers, and other electronics imported from China, sparing them from President Trump's 125% reciprocal duties. The move provides relief to major tech firms like Apple and Dell Technologies. The exemptions only apply to Trump's tariffs on Chinese goods related to the fentanyl crisis, with his prior 20% duties remaining.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖