Trump administration exempts phones, computers, CPUs, memory, and chipmaking tools from sweeping tariffs
The exemptions cover $390 billion in yearly US imports
Why it matters: The Trump administration has granted a reprieve to global technology manufacturers by exempting smartphones, laptops, CPUs, memory chips, and electronics to make semiconductors from its sweeping tariffs on imports – a move that could ease pressure on companies like Apple and Nvidia while offering relief to consumers.
The exclusions, published late Friday by US Customs and Border Protection, narrow the scope of Trump’s aggressive trade measures by sparing these products from the 125 percent China-specific tariff and the baseline 10 percent tariff imposed on nearly all other countries.
