April 13, 2025, 1:20 pm
Recent developments in U.S. trade policy have led to a pronounced pivot in tariff measures, particularly in relation to China. Detailed analyses reveal that the administration has reduced reciprocal tariffs to 10% and imposed a 90‑day pause on further adjustments—with significant exemptions for critical tech products—while explicitly excluding China from these benefits. Prominent figures such as Peter Thiel have voiced support for a drastic reset in U.S.-China trade relations, framing the move as part of a broader strategy to negotiate more balanced economic ties amid escalating trade tensions.
Bluesky: @verge-poster.bsky.social, @theverge.com, @appleinsider.com
Domestically, the government will support affected industries based on input from manufacturers.
Trump noted that some companies in the sector might be granted flexibility regarding the tariffs.
The exemptions apply to US$100 billion worth of goods, which accounts for over 20% of total US imports from China last year.
Foxconn, Apple's largest iPhone assembler, saw a 4% rise in shares during morning trading.
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permalink / 12 stories from 3 sources in 16 days ago #ai #vc #techpolicy #china #semiconductors #chips #blockchain #automation #bigdata #analytics #hardware #apple #ecommerce
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