Electronics imported into the U.S. will be exempt from President Donald Trump’s new reciprocal tariffs, according to a U.S. Customs and Border Protection notice posted Friday. The exemption, effective from April 5, includes smartphones, computer monitors, and various electronic components.
This follows the Trump administration's imposition of a 145% minimum tariff on Chinese imports, a move that could have significantly impacted tech companies like Apple, which assembles about 90% of its iPhones in China. Analysts estimate Apple has about six weeks of U.S. inventory, after which prices could have risen.
Trump mentioned there could be “a couple of exceptions” to the tariffs. While the White House hasn't commented, economists warn the tariffs may increase consumer prices, prompting a surge in big-ticket purchases and a drop in consumer sentiment.
The administration argues the tariffs aim to boost U.S. manufacturing. However, some products like semiconductors, which are mostly made in Asia due to lower costs, are difficult to produce domestically. These too are now exempt, benefiting companies like TSMC, Samsung, and SK Hynix.
Polish President Karol Nawrocki took part in a teleconference on Ukraine with U.S. President Donald Trump and European leaders on Wednesday, his offic...
Wildfires, driven by intense heatwaves, strong winds, and in some cases suspected arson, raged across southern Europe on Wednesday, torching homes, fa...
On 11 August, 2025, the Foreign Affairs Committee of the Council of States — Switzerland’s upper parliamentary chamber rejected draft resolution N...
French President Emmanuel Macron said on Wednesday that U.S. President Donald Trump has stressed Ukraine must have a seat at the table in any negotiat...
Indian Prime Minister Narendra Modi is expected to visit the United States next month to attend the United Nations General Assembly, where he may hold talks with President Donald Trump, according to the Indian Express.
The U.S. budget deficit surged nearly 20% in July to $291 billion despite a significant increase in customs duty collections from President Donald Trump’s tariffs, as government spending outpaced revenue growth.
The U.S. and China have extended their tariff truce for 90 days, avoiding triple-digit duties on each other’s goods and easing market concerns as Washington and Beijing continue talks on a broader trade agreement.
South Korea and Vietnam are set to deepen their economic and strategic partnership as their leaders meet to strengthen ties during growing global trade challenges and shifting tariffs.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
Polish President Karol Nawrocki took part in a teleconference on Ukraine with U.S. President Donald Trump and European leaders on Wednesday, his office announced, replacing Prime Minister Donald Tusk, who had initially been expected to attend.
French President Emmanuel Macron said on Wednesday that U.S. President Donald Trump has stressed Ukraine must have a seat at the table in any negotiations over territory as part of a ceasefire deal with Russia.
France, Germany and Britain have warned they are prepared to reinstate United Nations sanctions on Iran if it does not return to negotiations over its nuclear programme, according to a letter sent to the U.N. on Tuesday.
Russian authorities are moving to limit certain calling functions on Telegram and WhatsApp, the messaging service owned by Meta Platforms, the Interfax news agency reported on Wednesday, citing communications regulator Roskomnadzor.
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