📊Executive Summary

President Trump has announced significant exemptions from his recently imposed tariffs on electronics, including smartphones, semiconductors, and computers. This decision follows a 90-day pause on tariffs for most countries, with the exception of a 10% baseline rate and additional hikes on China, raising the total tariff on Chinese imports to 145%. The exemptions are expected to provide relief to U.S. companies, particularly Apple, which relies on Chinese assembly for its products. However, future tariffs on semiconductors are anticipated, which could impact pricing and availability. Companies are urged to act quickly to secure components before potential price increases and supply constraints arise....