Tech
iPhone won’t face Trump tariff price hike for now following exemption
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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 exclusions, published late Friday by US Customs and Border…
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