Certain Tech Spared from Tariffs
President Trump is adding some key tech items to his tariff exemption list.
I’m Tomi Lahren, more next.
Techies can rejoice, for now. According to a bulletin posted by US Customs and Border Protection, the administration is exempting smartphones, computers and other electronics from reciprocal tariffs, at least for now.
Also on the list are solar cells, flat panel TV displays, flash drives and other semiconductor parts and infrastructure.
This is welcome relief to companies like Apple that rely heavily on China to assemble our beloved iPhones.
It was estimated that without this exemption, the cost of the new iPhone16 pro max could jump to nearly a thousand bucks.
It’s not clear what prompted the Trump Administration to issue these generous exemptions but perhaps the president is making a good faith bet that tech companies such as Apple will work to quickly move production and make larger investments in the US.
Trust the process! This is the Art of the Deal, in action!
I’m Tomi Lahren and you watch my show “Tomi Lahren is Fearless” at OutKick.com
Learn more about your ad choices. Visit podcastchoices.com/adchoices