Tech tariff exemptions may be short-lived, US officials say

Recent exemptions to US import tariffs may be short-lived, with China urging their complete removal . The exemptions benefit US tech companies but could be reversed with upcoming sector-specific tariffs. Trump’s tariff strategy has caused economic turbulence, with criticism from Wall Street and global uncertainty.

Recent exemptions to sweeping US import tariffs may be short-lived, top officials have warned, as China urged the Trump administration to simply abandon its aggressive trade tax policy altogether. The world’s two largest economies have been locked in a fast-moving, high-stakes game of brinkmanship since US President Donald Trump launched a global tariff assault that particularly targeted Chinese imports. Tit-for-tat exchanges have seen US levies imposed on China rise to 145%, and Beijing setting a retaliatory 125% band on American imports .



The US side appeared to dial down the pressure slightly on Friday (local time), listing tariff exemptions for smartphones, laptops, semiconductors and other electronic products for which China is a major source..