Trump exempts smartphones from reciprocal tariffs after market rout
Trump exempts smartphones from reciprocal tariffs after market rout
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.
China should add export tariffs on smartphones and electronic until Vance says thank you.
Haha, that would be fantastic. Or until Vance says sorry for disrespecting Zelenskyy just for the shit n giggles
He'd not get it out of Trump but 100% you could cause division by Trump insisting that Vance has to do it :)
I'm happy not to buy an iPhone and instead resort to European (Fairphone) and South Korean brands which actually fit my needs.
Don't forget all smartphones—except iPhones of course—still use Android, which is a Google OS with Google services. In the smartphone world, there's no real alternative to American companies. It's pretty much an American monopoly.
lol he blinked again...
The stupidity is truly breathtaking.
I'm sure neither he nor his Mafia aren't making any money from these market swings.