Trump carves out massive exemptions from reciprocal tariffs, including smartphones, chips and computers

[ad_1] President Donald Trump threw the global economy for another loop by carving out massive exemptions from his tariffs, including popular electronics like smartphones. In a notice published late Friday night, US Customs and Border Protection issued new guidance on his so-called reciprocal tariffs, which were announced just a week and a half ago and…

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UK MP denied entry to Hong Kong

[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hong Kong has barred a British member of parliament from entering the Chinese territory, adding uncertainty to UK-China ties just as the Labour government seeks to step up bilateral economic relations. Wera Hobhouse, a…

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Trump’s sudden tariff exemptions on key tech imports remove a ‘doomsday scenario’ for the industry, top analyst says

[ad_1] President Donald Trump pulled the US tech sector back from the edge of catastrophe after his administration exempted popular consumer electronics and critical inputs from his “reciprocal tariffs,” according to Wedbush analyst Dan Ives. US Customs and Border Protection issued new guidance late Friday night on Trump’s tariffs, exempting a range of imports like smartphones,…

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