In a recent decision, the Biden administration announced that phones and computers will be exempt from the proposed 125% tariffs on Chinese imports initially suggested by former President Trump. This move aims to alleviate pressure on consumers and tech companies.
In a bold economic maneuver, President Trump has initiated sweeping tariffs against China, igniting a trade conflict with implications that could reverberate throughout the global market. Analysts warn this battle may stretch U.S. resources thin, challenging American competitiveness.
