iPhone won't face Trump tariff price hike for now following exemption
a year ago
- #tariffs
- #electronics
- #Apple
- White House exempts smartphones, laptops, and other electronics from 145% tariff on imports from China.
- Exclusions apply to smartphones, laptops, hard drives, processors, memory chips, and semiconductor manufacturing machines.
- Taiwan Semiconductor Manufacturing Co. benefits from tariff exemptions on semiconductor equipment.
- Trump administration may still introduce sector-specific tariffs separate from the 145% China tariff.
- Apple and consumers relieved as electronics return to a 10% tariff rate.