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Trump exempts smartphones, laptops from China tariffs for consumer relief

The Trump administration has exempted smartphones, computers and semiconductor chips from reciprocal tariffs, a move that could ease potential price hikes for consumers and benefit major electronics companies like Apple and Samsung, according to agencies.The exemptions, announced this week, cover popular consumer electronics not manufactured in the U.S., including laptops,…

Trump exempts smartphones, laptops from China tariffs for consumer relief

The Trump administration has exempted smartphones, computers and semiconductor chips from reciprocal tariffs, a move that could ease potential price hikes for consumers and benefit major electronics companies like Apple and Samsung, according to agencies.The exemptions, announced this week, cover popular consumer electronics not manufactured in the U.S., including laptops,…

Trump’s Tariff Relief Sparks U.S. Stock Surge

U.S. stocks soared Wednesday after President Donald Trump said he would temporarily ease some tariffs, delivering the relief investors had been seeking. The S&P 500 jumped 7.8% in afternoon trading, reversing an earlier decline driven by fears that Trump’s trade policies could trigger a recession, according to reports.The rally began…

Trump’s Tariff Relief Sparks U.S. Stock Surge

U.S. stocks soared Wednesday after President Donald Trump said he would temporarily ease some tariffs, delivering the relief investors had been seeking. The S&P 500 jumped 7.8% in afternoon trading, reversing an earlier decline driven by fears that Trump’s trade policies could trigger a recession, according to reports.The rally began…