President Trump has exempted smartphones, computers, and other electronics from new tariffs, averting potential price hikes for consumers. The exemption applies to the 10% global tariff and the higher levies on Chinese imports. This decision follows concerns from US tech companies about the impact of increased costs, particularly for iPhones, a significant portion of which are manufactured in China. Apple and other companies have been diversifying their supply chains to reduce reliance on China, exploring locations like India and Vietnam.

Prepared by Christopher Adams and reviewed by editorial team.