Trump Eases Tariffs on Tech Products While Keeping Pressure on China
The White House grants exemptions for key electronics and pauses tariff hikes for most countries, but maintains punitive rates on Chinese imports.
- President Trump announced a 90-day pause on recent tariff increases for most countries, aiming to stabilize markets and consumer costs.
- Key electronic products, including Apple's iPhones and computers, have been exempted from tariffs, providing relief to the tech sector.
- Tariffs on Chinese imports remain at punitive levels, reaching up to 145%, as part of the ongoing trade conflict.
- China has retaliated with tariffs of 125% on U.S. goods, escalating tensions between the world's two largest economies.
- Market analysts view the exemptions as a critical move to avert supply chain disruptions, though uncertainty in global trade persists.