April 13, 2025 - 03:44

In a significant move, the Trump administration has decided to exempt smartphones, computers, and various other electronic devices from its reciprocal tariff policy. This decision is expected to alleviate potential financial burdens on consumers, who might have faced increased prices on these essential products. By avoiding these tariffs, major electronics manufacturers such as Apple Inc. and Samsung Electronics Co. stand to benefit significantly, as they can maintain competitive pricing without the added costs associated with tariffs.
The exemption reflects a strategic approach to balancing trade relations while considering the economic impact on American consumers and businesses. As the administration navigates complex trade dynamics, this decision may also signal a shift towards more favorable conditions for the technology sector. With the holiday shopping season approaching, consumers can breathe a sigh of relief knowing that prices for popular electronics are less likely to soar due to tariff-related increases.
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Peter Schiff Says 'Highly Likely' Bitcoin 'At Least' Falls To $20,000: 'I Know BTC Has Done That Before, But...'Renowned economist and longtime cryptocurrency skeptic Peter Schiff issued a stark warning on Thursday, stating it is `highly likely` that Bitcoin will fall to at least $20,000. He urged market...
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‘Money's moving out of tech’: Wall Street weighs stock market winners amid the AI scare tradeA significant rotation is underway on Wall Street as capital flows out of the once-unassailable mega-cap technology stocks. Market analysts report a growing investor unease with the stratospheric...
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Jim Cramer Says Cryptos Are 'Getting Slaughtered,' Dismisses Bitcoin As Iranian War HedgeFinancial commentator Jim Cramer has publicly challenged the narrative that cryptocurrencies, particularly Bitcoin, serve as a reliable safe haven during international crises. His comments come as...