Soon after Trump’s announcement of mutual prices, the US was one of the biggest casualties in Wall Street in the Tech Dev. About $ 700 billion was eliminated from Apple’s Market Value for a few days.
Earlier this week, Trump had said he would consider removing US companies from their rates, but added that such decisions would be “easily”.
Chad Bone, a senior fellow at the Patterson Institute for International Economics, said the waiver has photographed the exception for smartphones and consumer electronics released by Trump by Trump in 2018 and 2019.
Bonn said, “We have to wait and see if the exemption continues this time, or if the president once again changes some time in a remote future.”
The US Customs and Border Protection quoted the US International Trade Commission about the order, which did not immediately respond to the request for comment.
The White House confirmed that all Chinese imports applied by Trump to respond to China’s role in the new discount phenothenilly manufacturing will not apply to 20 % of revenue.
White House spokesman Crolley Levit said on Saturday that companies, including Apple, TSMC, and N Vidia, are on the “direction of the president” on the coast of “their manufacturing in the United States as soon as possible.”
“President Trump has made it clear that the United States cannot rely on China, such as semi -conductors, chips, smartphones and major technologies like laptops.”
Apple refuses to comment.
Economists have warned that the clean nature of Trump’s prices – which applies to a wide range of ordinary US consumer goods, is close to promoting US inflation and affecting economic growth.
New York Fed Chief John Williams said that as a result of Trump’s prices, US inflation could reach more than 4 percent.
Michael Acton’s additional reporting in San Francisco
25 2025 Financial Times Limited. All rights are reserved. There will be no re -division, copy, or amended in any way.