Apple and its customers can breathe a sigh of relief today after the White House carved tariff exemptions for smartphones, laptops, and more.The iPhone maker was facing a 145% fee on products imported into the United States from China.This caused weeks of speculation that the iPhone and other electronics could be subject to price hikes to cover the cost.
Bloomberg reported on the tariff exemption policy development: The move follows a week of policy and market volatility in which the White House issued tariff increases across the board for imports, reset tariff rates for 90 days for most countries except for China, and stated that the iPhone could be built in the USA.But as Bloomberg’s coverage suggests, the tech industry may not be out of the woods yet.That’s because the Trump administration may be planning sector-specific tariff rates separate from the 145% tariff rate put on imports from China.
For now, the return to a 10% tariff rate on electronics will likely offer relief to Apple and consumers who were rushing to buy products at pre-tariff prices over the last few days.Best Apple accessories USB-C charger MagSafe battery Wireless CarPlay adapter Apple AirTag AirPods 4 AirPods Pro 2 Apple Pencil Follow Zac Hall: X | Threads | Instagram | Mastodon You’re reading 9to5Mac — experts who break news about Apple and its surrounding ecosystem, day after day.Be sure to check out our homepage for all the latest news, and follow 9to5Mac on Twitter, Facebook, and LinkedIn to stay in the loop.
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