Trump’s Tangled Tariffs Sow Confusion as Negotiators Line Up
A cargo vessel approaches the Yangshan Deepwater Port in Shanghai.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
President Donald Trump’s tariff exclusions for smartphones and other tech products have added to a growing set of confusing signals for companies and trading partners digesting how to engage a White House still promising to negotiate dozens of new deals in America’s favor.
The dizzying weekend saw Trump exclude popular consumer electronics from 125% tariffs on China and a 10% baseline global tariff. The move exempted more than $101 billion in US imports from China alone and was seen as a short-term win for US tech champions like Apple Inc. and Nvidia Corp.