iPhone dictation glitch that briefly suggests 'Trump' for the word 'racist' will be fixed, Apple says
Share this @internewscast.com

It’s a move that could help keep prices down for popular consumer electronics that aren’t usually made in the U.S.

WASHINGTON — The Trump administration late Friday said they would exclude electronics like smartphones and laptops from reciprocal tariffs, a move that could help keep the prices down for popular consumer electronics that aren’t usually made in the U.S.

It would also benefit big tech companies like Apple and Samsung and chip makers like Nvidia.

U.S. Customs and Border Protection said items like smartphones, laptops, hard drives, flat-panel monitors and some chips would qualify for the exemption. Machines used to make semiconductors are excluded too. That means they won’t be subject to the current 145% tariffs levied on China or the 10% baseline tariffs elsewhere.

It’s the latest tariff change by the Trump administration, which has made several U-turns in their massive plan to put tariffs in place on goods from most countries. The goal is to encourage more domestic manufacturing. But the exemptions seem to acknowledge that the current electronics supply chain is virtually all in Asia and it will be challenging to shift that to the U.S. For example, about 90% of iPhones are produced and assembled in China, according to Wedbush Securities.

The move takes off “a huge black cloud overhang for now over the tech sector and the pressure facing U.S. Big Tech,” said Wedbush analyst Dan Ives in a research note.

Trump previously said he would consider exempting some companies from tariffs.

Neither Apple nor Samsung responded to a request for comment early Saturday. Nvidia declined to comment.

The White House did not immediately respond to a request for comment on Saturday.

Share this @internewscast.com
You May Also Like

The US and Israel Plan to Launch Attack on Iran Within Weeks as Trump’s Nuclear Deal Deadline Approaches; Initial Strike to be Only the Beginning

ISRAEL will do “whatever it takes” to stop Iran’s nuclear strength, an…

Jacksonville Man Dies After Collision with Tree on Normandy Boulevard: FHP Report

Florida Highway Patrol said the crash occurred around 3:23 a.m. Saturday. JACKSONVILLE,…

Meghan Markle’s Ultimate Betrayal of the Queen: How It Would Have Devastated Her if She Were Alive Today

When Meghan Markle stepped out on her first solo official royal engagement…

Cleveland Police Search for Cargo Van Linked to Fatal Hit-and-Run; Three Other Vehicles Found

Cleveland police are asking for help to locate a white 2014 Nissan…

FAA Orders Immediate Shutdown of Company After Tour Helicopter Crash Kills 6

The move came hours after New York Sen. Chuck Schumer called on…

Unsettling Allegations Surround Vegan Zizian Group Linked to Landlord’s Stabbing and Multi-State Crime Spree

AN alleged cult spawned from the social media generation used a brutal…

‘Minecraft: The Movie’ Surges to $80.6 Million in Second Weekend

The Warner Bros. videogame adaptation followed up its blockbuster opening with a…

Zelensky’s Ex-Advisor Shares the Only Strategy for Overcoming ‘Psycho’ Putin, Offers a Look at the Heroic Leader

VOLODYMYR Zelensky changed the world order when he chose to stand defiant…

At Least 32 Killed in Devastating Iskander-M Missile Attack by Putin on Ukraine

Russia staged a barbaric new double Iskander-M missile strike on Ukraine today…

John Oliver from ‘Last Week Tonight’ Critiques Trump’s Tariff Blunder: “We Avoided Disaster, But the Problem Isn’t Solved”

John Oliver dedicated a significant portion of Last Week Tonight to unpacking…

Trio Faces Serious Gun Charges After Incident at McDonald’s

Delaware State Police apprehended Dion Garner, aged 36, from Preston, Maryland, along…

British Army Deployed to Tackle Birmingham’s Rodent Issue Amid Bin Strikes and ‘Apocalyptic’ Conditions, as Labour Council Declares Major Incident

The British Army has been called in to rodent-ridden Birmingham as pest…