Trump's Tariff Concession to China: A First Glimmer of Rapprochement?

Financial Times Analysis Reveals US President's Unexpected Move on Electronic Tariffs, Raising Cautious Optimism in Taiwan.

The US Customs and Border Protection (CBP) announced on the 11th of the month that it would exempt certain electronic products, including computers, smartphones, and semiconductors, from tariffs. This new measure applies to all trading partners, including mainland China. The Financial Times reports that this represents the first instance of President Donald Trump easing tariffs imposed on China, a move that has provided relief to tech giants like Apple, NVIDIA, and Microsoft.

However, experts are cautioning against premature celebrations, warning of the potential for Trump to reverse course with a "policy U-turn" at any moment.

The report highlights that the tariff exemption is particularly significant for Apple. The company was among the first to be severely impacted by Trump's retaliatory tariffs, losing approximately $700 billion in market capitalization within days.