After market tumult, Trump exempts smartphones from massive new tariffs

Quick Summary:

Some consumer electronics are also exempted in a major boost to Big Tech.

The announcement rattled global investors and triggered a stock market rout.

The carve-out is a big win for companies such as Apple, Nvidia and Microsoft, and follows a week of intense turbulence in US markets after Trump unleashed a trade war on “liberation day” on April 2.

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Article Details

Author / Journalist: Aime Williams and Demetri Sevastopulo, and Ryan McMorrow, Financial Times

Category: Technology

Markets: United StatesChadChinaIndia

Topics: Syndication Smartphones Apple Tariffs Google Policy

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-12 @ 22:25:21 (1 days ago)

News Timezone: GMT -5:00

News Source URL: arstechnica.com

Language: English

Article Length: 130 words

Reading Time: 1 minutes read

Sentences: 30 lines

Sentence Length: 5 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Ars Technica

News ID: 27818707

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About Ars Technica

Main Topics: Technology

Official Website: arstechnica.com

Year Established: 1998

Headquarters: United States

News Last Updated: 2 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #32

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