Date: 2025-04-12
United States President Donald Trump has exempted an array of tech products including, smartphones, chips, computers, and select electronics from tariffs, giving the tech industry a much-needed respite from trade pressures.According to the US Customs and Border Protection, storage cards, modems, diodes, semiconductors, and other electronics were also excluded from the ongoing trade tariffs."Large-cap technology companies will ultimately come out ahead when this is all said and done," The Kobeissi letter wrote in an April 12 X post.US Customs and Border Protection announces tariff exemptions on select tech products. Source: US Customs and Border ProtectionThe tariff relief will take the pressure off of tech stocks, which were one of the bigg...
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