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Fortune

Jason Ma

Trump's sudden tariff exemptions on key tech imports remove a 'doomsday scenario' for the industry, top analyst says

X United States Donald Trump Dan Ives White House China Elon Musk Apple Nvidia Wedbush

(Credit: Jay L Clendenin—Getty Images)

The Trump administration announced numerous exemptions late Friday night to his "reciprocal tariffs," including popular consumer electronics and critical tech components. That offers a huge reprieve for US technology leaders like Apple and Nvidia, prompting Wedbush analyst Dan Ives to declare it the "best possible news for tech investors."

President Donald Trump pulled the US tech sector back from the edge of catastrophe after his administration exempted popular consumer electronics and critical inputs from his "reciprocal tariffs," according to Wedbush analyst Dan Ives.

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