<ul><li>President Donald Trump’s administration has exempted smartphones, computers, hard drives, and computer processors and memory chips from reciprocal tariffs.</li><li>The exclusions are expected to benefit electronics giants such as Apple and Samsung and to cushion consumers from price increases.</li><li>The exemption does not indicate a permanent reprieve as the products may eventually face different tariffs, although likely lower ones for China.</li><li>It is important to note that Taiwan Semiconductor Manufacturing Co. could be particularly affected, as they have made a significant investment in the U.S. and are reliant on machine imports for semiconductor production.</li></ul>

Trump Exempts Phones, Computers, Chips From ‘Reciprocal’ Tariffs

Discover more