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.
A meeting of the government leaders of Turkic Council (TCT) member states has begun in Bishkek, the Kyrgyz Cabinet of Ministers reported. Prior to the...
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez,...
Azerbaijan’s Minister of Economy, Mikayil Jabbarov, has met with EU Commissioner for Enlargement and Neighbourhood, Marta Kos. The Ministry of Econo...
U.S. President Donald Trump said he disagreed with British Prime Minister Keir Starmer over recognising a Palestinian state, speaking following a bila...
Azerbaijan’s Foreign Minister Jeyhun Bayramov met in Baku with the European Union Commissioner for Enlargement, Marta Kos. The Ministry of Foreign A...
Bangladesh’s interim leader, Muhammad Yunus, said the country will expand imports from the U.S. to further reduce tariffs on Bangladeshi goods, particularly textiles.
Finance ministers from the Group of Seven discussed new sanctions on Russia and tariffs on countries buying its oil, as the U.S. urged allies to ramp up economic pressure.
China has launched its first review of its foreign trade law since 2004, signalling a potential shift in how the country manages international commerce amid rising global trade tensions.
Italian Prime Minister Giorgia Meloni praised her country's "excellent" relationship with India during a phone call on Wednesday with her counterpart Narendra Modi, without referring to U.S. calls for the EU to impose tariffs of up to 100% on Indian imports.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
Germany will decide whether to support sanctions against Israel ahead of the European Union (EU) meeting in Copenhagen in October, Chancellor Friedrich Merz said on Thursday during a visit to Madrid.
World leaders are set to gather next week in New York for the 80th session of the UN General Assembly. Key issues on the agenda include a speech by US President Donald Trump, the ongoing conflicts in Gaza and Ukraine, increasing Western recognition of a Palestinian state, and nuclear tensions with I
Fifty-two Members of the European Parliament from 15 countries on Thursday called on the European Broadcasting Union (EBU) to bar Israel from the 2026 Eurovision Song Contest, citing the ongoing conflict in Gaza.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
U.S. President Donald Trump said he disagreed with British Prime Minister Keir Starmer over recognising a Palestinian state, speaking following a bilateral meeting on Thursday during his state visit.
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