Phones and electronic components are now exempt from Trump's tariffs

WASHINGTON – President Donald Trump’s administration has exempted smartphones, computer screens, chips, and electronic components from new import tariffs, according to a U.S. Customs and Border Protection notice issued Friday. Effective for goods entering the U.S. or released from warehouses as of April 5, the exemption applies to all imported electronics.

Phones and so on

This follows Trump’s imposition of a minimum 145% tariff on Chinese imports, announced April 2, which stunned global markets and signaled a shift from previous U.S. globalization policies. The tariffs are expected to impact tech giants like Apple, with 90% of iPhone production based in China, per Wedbush Securities. Counterpoint Research estimates Apple has a six-week stockpile in the U.S., but prices may rise once depleted.

Economists warn consumers could bear the tariff costs, prompting a rush to buy high-value items like cars and electronics. Consumer sentiment has plummeted to historic lows amid fears of escalating trade tensions.

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