The US government has excluded smartphones, computers and other electronics from its reciprocal tariffs, potentially sparing consumers from price hikes, Bloomberg reported. The move that was announced late on Friday by US Customs and Border Protection, benefits tech giants like Apple and Samsung. The report further stated that it narrows the scope of Trump’s trade levies by removing these products from both the 125% China tariff and the 10% global tariff.
(This is a developing story. More details to follow.)
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