Smartphones and computers are now exempt from Trump’s latest tariffs.
The tariff exemption would have a major impact on tech giants like Apple, which make iPhones and other products in China.
Global Trade
China strikes back with 125% tariffs on U.S. goods as trade war intensifies.
The move comes in response to President Donald Trump’s decision to ramp up duties on Chinese goods to 145 percent
Trump tariff pause brings relief for global stock markets.
Earlier this month, the US president announced a “baseline” tariff of 10% on all countries, with higher rates for the “worst offenders”
China retaliates with 84% tariffs on US goods as Trump trade war rattles markets.
China has pushed back once again to U.S. President Donald Trump’s tariff policies by hiking its levies on U.S. imports to more than 80%.
Trump’s reciprocal tariffs plan kicks in, China to see net total tariffs of 104%.
A White House official has confirmed that the US will enforce a 104 per cent tariff on China beginning at 12:01 am ET (0401 GMT) on Wednesday (April 8), according to a report by Reuters.
Global Stocks Rebound Even as China Vows to ‘Fight to the End’ on Tariffs
U.S. stock indexes are poised for a positive start, with Dow Jones Industrial Average futures rising 2%, S&P 500 futures gaining 1.5%, and Nasdaq futures 1.3% higher
China says it will ‘fight to the end’ after Trump threatens to impose still more tariffs.
China threatened Tuesday to take countermeasures against the United States “to safeguard its own rights and interests” in response to President Donald Trump’s threat of an additional 50% tariff on Chinese imports.
Trump threatens new 50% tariffs on China.
President Trump on Monday said the U.S. will apply an additional 50% tariff on imports from China
iPhone prices ‘could surge by £300’ amid new Donald Trump tariffs.
The vast majority of iPhones are assembled in China, but the tech giant uses parts from all over the world to make the finished product
Tariffs Are Sales Taxes Beneficial to the Targeted Party – The GITFiC
Tariffs are primarily sales taxes, mainly beneficial to the targeted country rather than the imposing country.