Part 5/7:
In a separate but equally impactful development, President Donald Trump recently announced that electronic products will not be exempt from tariffs. The government is currently considering changes only for a specific new category of tariffs. This announcement follows an earlier decision by the White House to exempt smartphones, laptops, and other electronics from reciprocal tariffs.
The Semiconductor Sector's Implications
An area of significant focus is the semiconductor chip sector, which is poised for forthcoming developments. Despite the uncertainty surrounding tariffs, the stock market responded positively, with Apple’s shares rising over 2%. This uptick has elevated the tech giant's market value to over $3 trillion.