Trump exempts smartphones from ‘reciprocal’ tariffs
www.ft.com
Dispensation is first sign of softening of levies against China and provides a big boost for Apple

Archive: https://archive.is/2025.04.12-132331/https://www.ft.com/content/3eb48a07-7cb0-4a44-9159-eb5b402c2fec

The Trump administration has excluded smartphones from its steep “reciprocal” tariffs as it battles to calm global markets by tempering its approach to the multifront trade war launched by the president.

According to a notice posted late on Friday night by Customs and Border Patrol, which is responsible for collecting tariffs, smartphones, along with routers and selected computers and laptops, would be exempt from reciprocal tariffs, which include the 125 per cent levies Donald Trump has imposed on Chinese imports.

  • null_dot@lemmy.dbzer0.comEnglish
    67·
    6 days ago

    This is truly the dumbest roller coaster.

    No one is moving manufacturing anywhere because everyone knows Donny Dumbass is going to change his mind next time he takes a shit.

    Honestly, someone build a toothbrush factory somewhere in kansas so these idiots can save face, rescind all tariffs, and let the grown ups get back to producing value.