- In a notice published late Friday night, US Customs and Border Protection issued new guidance on President Donald Trump's so-called reciprocal tariffs, listing several exemptions like smartphones, computers, chips and other electronics. That carves out a massive hole from his virtually prohibitive 145% tariff on China and comes after Beijing hiked its own duties on US imports but said no further retaliation would come.
President Donald Trump threw the global economy for another loop by carving out massive exemptions from his tariffs, including popular electronics like smartphones.
