Smartphones and laptops to be excluded from reciprocal tariffs, Trump administration says

By MAE ANDERSON and MICHAEL LIEDTKE
The Trump administration late Friday said they would exclude electronics like smartphones and laptops from reciprocal tariffs, a move that could help keep the prices down for popular consumer electronics that aren’t usually made in the U.S.
Also see: Apple has few incentives to start making iPhones in US
It would also benefit big tech companies like Apple and Samsung and chip makers like Nvidia and sets the stage for a likely tech stock rally on Monday.