Overview

• President Trump has exempted smartphones, computers, and other electronics from tariffs, providing temporary relief for the tech sector.
• The administration is exploring potential exemptions for the 25% tariffs on auto imports, signaling possible changes to alleviate strain on the automotive industry.
• Plans to impose new tariffs on semiconductors and pharmaceuticals are under consideration, raising concerns about further supply chain disruptions.
• The U.S.-China trade war has intensified, with tariffs on Chinese goods reaching 145%, while China has retaliated with 125% tariffs on U.S. imports.
• Global markets remain volatile as investors navigate rapid policy changes, with corporate earnings closely watched for insights into economic resilience.