Late Friday, the U.S. Customs and Border Protection said that electronics, including smartphones and laptops, would be excluded from broader, so-called “reciprocal” tariffs — meaning these goods wouldn't be subject to most tariffs levied on China to date or the 10% baseline levies imposed on other countries. Chinese President Xi Jinping reiterated that on Monday, writing in an editorial jointly published in Vietnamese and Chinese official media that "there are no winners in a trade war.” He added that both China and the U.S. “should resolutely safeguard the multilateral trading system, stable global industrial and supply chains, and open and cooperative international environment.” Trump signaled on Monday that he had spoken to Apple CEO Tim Cook before exempting electronics from some of his China tariffs — telling reporters that he had “helped” Cook with the partial reprieve, while separately saying he plans to provide temporary exemptions for auto makers that may also need “a little bit of time.” Apple did not immediately respond to The Associated Press' request for statement.
Author: Wyatte Grantham-philips
Published at: 2025-04-14 22:30:39
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