Including mobile phones, computers, and key technology components, the U.S. has exempted some goods from "reciprocal tariffs," allowing American tech companies like Apple to avoid the "doomsday scenario."

According to Xinhua News Agency, the U.S. Customs and Border Protection announced on the evening of the 11th that the federal government has agreed to exempt electronic products such as smartphones, computers, and chips from the so-called "reciprocal tariffs."

This policy shift can provide relief for tech giants, especially for companies like Apple, NVIDIA, and Microsoft. Approximately 80% of Apple's iPhones are produced in China.

Wedbush analyst Dan Ives stated that after the Trump administration exempted popular consumer electronics and key components, the U.S. tech industry has temporarily stepped back from the brink of collapse. He said:

“Without these exemptions, the U.S. tech industry would regress a decade, and the progress of the artificial intelligence revolution would be significantly slowed.”

It is noteworthy that Trump announced on the morning of the 13th that he would reveal details regarding semiconductor tariffs on Monday. Some analysts believe that while certain products may eventually face future tariffs, the rates may be lower than those previously announced by Trump.

Dan Ives: "Best News" for Tech Investors

Since April 2, the U.S. market has experienced a tumultuous week, with global investors panicking and stock markets crashing. Trump's erratic tariff policies have filled the market with uncertainty.

The exemption of tariffs on popular consumer electronics and key components has provided significant relief for American tech giants like Apple and NVIDIA. Wedbush analyst Dan Ives stated on Saturday on the X platform that this is "the best news for tech investors."

“It eliminates the huge cloud hanging over the industry, as U.S. tech giants have almost no alternatives outside of their supply chains in Asia.”

“Without these exemptions, the U.S. tech industry would regress a decade, and the progress of the artificial intelligence revolution would be significantly slowed.”

Just the day before, this long-term bullish analyst on U.S. tech stocks was extremely pessimistic. He predicted that 15-20% of capital expenditures in the U.S. tech industry had been automatically paused:

“When you play a high-stakes poker game like this, you are betting the economy, ultimately affecting capital expenditures and large purchases. Now (Trump's) administration has basically triggered a snowball effect, and this snowball is rolling downhill.”

In response to this tariff exemption, he believes that the White House received overwhelming feedback on tariffs from tech and business leaders in Silicon Valley this week, which will fundamentally change business models and relieve market pressure, as if "the burden on the shoulders of tech and the market has lightened." He expressed anticipation to hear more details about the exemptions in the coming days

Apple and Other Tech Giants Temporarily Breathe Easy

Minsheng Securities believes that with the implementation of the "Guidelines for Exemptions from Tariffs on Specific Products," the Apple supply chain will see EPS recovery.

China Securities Journal reported on the 12th that individuals from listed semiconductor distribution companies stated they are also gathering information from clients regarding this matter, but currently, the information remains quite chaotic. This is because the policy is one thing, but the actual implementation may encounter new situations, which are not entirely consistent. The industry is currently taking a wait-and-see approach. However, one thing is clear: this "reciprocal tariff" event will definitely have a significant impact on the global semiconductor industry and demonstrates the resilience and substantial development of China's semiconductor industry.

Chad Bown, a senior researcher at the Peterson Institute for International Economics, stated that this exemption is similar to the exemptions implemented by Trump for smartphones and consumer electronics in 2018 and 2019. He said:

"We must wait and see whether this exemption will also be effective, or whether the president will change his mind again in the near future."

Risk Warning and Disclaimer

The market has risks, and investment requires caution. This article does not constitute personal investment advice and does not take into account the specific investment objectives, financial conditions, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article align with their specific circumstances. Investment based on this is at one's own risk