Trump exempts select tech products from tariffs, crypto to benefit?
United States President Donald Trump has exempted an array of tech products including, smartphones, chips, computers, and select electronics from tariffs, giving the tech industry a much-needed respite from trade pressures.
According to the US Customs and Border Protection, storage cards, modems, diodes, semiconductors, and other electronics were also excluded from the ongoing trade tariffs.
“Large-cap technology companies will ultimately come out ahead when this is all said and done,” The Kobeissi letter wrote in an April 12 X post.
US Customs and Border Protection announces tariff exemptions on select tech products. Source: US Customs and Border Protection
The tariff relief will take the pressure off of tech stocks, which were one of the…
