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Apple, Nvidia score reprieve with exemptions from Trump tariffs on goods from China
By Debby Wu, Josh Wingrove, and Shawn Donnan
Bloomberg News
Saturday, April 12, 2025
President Donald Trump's administration exempted smartphones, computers, and other electronics from its so-called reciprocal tariffs, representing a major reprieve for global technology manufacturers including Apple Inc. and Nvidia Corp., even if it proves a temporary one.
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The exclusions, published late Friday by U.S. Customs and Border Protection, narrow the scope of the levies by excluding the products from Trump's 125% China tariff and his baseline 10% global tariff on nearly all other countries.
The exclusions apply to smartphones, laptop computers, hard drives, and computer processors and memory chips. Those popular consumer electronics items generally aren't made in the U.S. ...
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