Tariff Surprise: Smartphones and Computers Get Exempted in Late-Night Reversal
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Image credit: Mudassar Iqbal via Pixabay. Article by Edward Moyer. CNET – April 12, 2025.
Another twist in the tariff saga: Smartphones, laptops and other consumer electronics may not see soaring prices due to tariffs after all, at least for the time being. Late Friday, the Trump administration exempted such products from the reciprocal tariffs it had imposed earlier, including the 125% fees levied on imports from China, where many tech and electronics products are manufactured. […]