💨 Abstract

The Trump administration granted tariff exemptions to smartphones, computers, and other electronics, primarily from China, providing relief to tech companies like Apple. This move exempts specified electronics from a 10% tariff on goods from most countries, except China, and eases import costs for semiconductors and iPhones. The decision is seen as a welcome relief for tech firms amidst ongoing trade negotiations with China.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖