Trump exempts phones, computers, chips from ‘reciprocal’ tariffs

President Donald Trump’s administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs, potentially cushioning consumers from sticker shock while benefiting electronics giants including Apple Inc. and Samsung Electronics Co. The exclusions, published late Friday by US Customs and Border Protection, narrow the scope of the levies by excluding the products from Trump’s…

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Global stock markets tumble amid tariff war; Japan, China and India hit hard: 10 things to know

NEW DELHI: A global market rout intensified Monday following US President Donald Trump’s announcement of sweeping tariffs and Beijing’s retaliation with 34% duties on all US imports starting April 10.Stock markets across Asia plunged sharply, with investor sentiment collapsing as fears of a global trade war took hold. Analysts say over $9 trillion in market…

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