{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/64d53bc8af8fd800117b9642/67fb90bed5ed0d5b9d48fadd?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Trump exempts smartphones and computers from new tariffs","description":"<p>US President Donald Trump's administration has exempted smartphones, computers and some other electronic devices from \"reciprocal\" tariffs, including the 125% levies imposed on Chinese imports.</p><p><br></p><p>In a notice, US Customs and Border Patrol said that the goods would be excluded from Trump's 10% global tariff on most countries and the much larger Chinese import tax.</p><p><br></p><p>It marks the first significant reprieve of any kind in Trump's tariffs on China, with one trade analyst describing it as a \"game-changer scenario\".</p><p><br></p><p>Late on Saturday, while travelling to Miami, Trump said he would give more details of the exemptions at the start of next week.</p><p><br></p><p>\"We'll be very specific,\" he told reporters on Air Force One. \"But we're taking in a lot of money. As a country we're taking in a lot of money.\"</p><p><br></p><p>The move came after concerns from US tech companies that the price of gadgets could skyrocket, as many of them are made in China.</p>","author_name":"Daily SumUp"}