American electronics giants breathed a sigh of relief on Friday when the US government exempted electronics from tariffs against the rest of the world. But Trade Minister Howard Lutnick is now warning that the exemptions are only temporary, reports ABC News.
BusinessExpect a significant new stock market rally on Monday. President Donald Trump has once again backed down from parts of his criticized tariff policy and thereby saved, among other things, Apple from severe problems. A total of electronic goods worth nearly 4,000 billion kronor are exempted.
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