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Apple Gains Relief as U.S. Exempts iPhones and Computers from Tariffs

Apple

In a significant development for the tech industry, the Trump administration has announced exemptions for smartphones, computers, and related electronics from the recently imposed reciprocal tariffs. This move offers substantial relief to companies like Apple, which heavily rely on Chinese manufacturing for their products.

The exemptions, effective from April 5, 2025, were detailed in updated guidance from U.S. Customs and Border Protection. They remove steep tariffs that had been applied to a range of electronics, including iPhones and MacBooks, which were previously facing levies as high as 145% under Executive Order 14257.

Analysts view this policy shift as a major win for Apple and the broader tech sector. Dan Ives of Wedbush Securities described the exemptions as "dream news" for the industry, noting that they alleviate significant financial pressures and help stabilize the market.

Despite this reprieve, challenges remain. China continues to impose a 125% tariff on U.S. goods, and the broader trade tensions between the two nations persist. Apple, while exploring manufacturing diversification to countries like India and Vietnam, still faces the complex task of reducing its dependency on China's efficient supply chain.

Following the announcement, Apple's stock experienced a positive uptick, reflecting investor optimism. As of the latest trading session, Apple Inc. (AAPL) shares rose by 0.04%, closing at $198.15.

While the tariff exemptions provide immediate relief, the long-term outlook for Apple and other tech companies will depend on the evolving dynamics of global trade policies and their ability to adapt to shifting manufacturing landscapes.