Trump exempts phones, computers, chips from new tariffs (1 Viewer)

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    Hakyung Kim, CNBC and Erin Doherty, CNBC

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    Smartphones and computers are among many tech devices and components that will be exempted from reciprocal tariffs imposed by President Donald Trump, according to new guidance from U.S. Customs and Border Protection.

    The guidance, issued late Friday evening, comes after Trump earlier this month imposed 145% tariffs on products from China, a move that threatened to take a toll on tech giants like Apple, which makes iPhones and most of its other products in China.

    The guidance also includes exclusions for other electronic devices and components...

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