Apple is now exempt from Trump’s tariffs, here’s how much it could’ve cost you
This morning, Bloomberg reported that tech imports would be excluded from the Trump administrations 125% “reciprocal” China tariff. To be specific, this includes “smartphones, laptop computers, hard drives and computer processors and memory chips.” In short, Apple doesn’t really have something to worry about anymore – at least for now. The initial 20% tariff for the “fentanyl crisis” is still in place, however.
While we are safe from imminent price hikes for now, an additional 125% tariff on China would’ve been extremely damaging. Here’s a quick overview bullet we just dodged.
