Cryptographic markets bounce slightly while Trump excludes smartphones, laptops, semiconductor machines from reciprocal rates

In the latest series of Trump’s tariff saga which has economists around the world on the verge of seats, the United States has published on Friday updated guidelines, exempting specific technological devices, such as laptops, smartphones and machines necessary to make semiconductors, from reciprocal prices imposed by the United States

The new tariff guidelines exclude a range of electronics, including laptops, semiconductors, solar cells, flat panel screens, flash players, memory cards and semiconductor players. However, although these products are currently exempt, future tasks remain possible.

The Chinese Ministry of Commerce described the exemptions as “small step by the United States to the rectification of the erroneous approach of unilateral” reciprocal prices “and added that Beijing was still impacting.

The ministry took the opportunity to repeat its strong criticism of American prices, insisting that Washington “seriously disturbs the international economic and commercial order” and “harm others without benefiting”. He also called the United States to:

“Make a significant step towards rectification, completely abandon the erroneous” reciprocal prices “, and return to the right path of mutual respect and the resolution of differences by an equal dialogue.”

145% of prices have struck technological companies like Apple particularly harshly

The exemption offers temporary relief to companies like Apple, which manufactures more than 90% of its products in China, including iPads and Mac computers. Without the exemptions, Apple may have had to increase the price of its 85% American iPhones to maintain the beneficiary margins.

The company had already taken emergency measures by chartering flights to send millions of Iphones from India to the United States, aimed at mitigating the impact of potential rates. India economy wrote:

“Apple’s relations with China, where it is made up of nine out of ten of its iPhones, has transformed the so-called” Liberation Day “of Donald Trump in six days of hell for the technological enterprise.”

Despite the rally, Apple faces a climb uphill

Despite efforts to diversify the manufacture of countries like India and Vietnam, Apple’s dependence on the well -established ecosystem of China. The reconstruction of its complex supply chains elsewhere could take decades, and the entirely manufacturing of iPhones in the United States is not practical due to shortages and labor costs.

The memes circulating on social networks are entertaining, but say a lot about reality that American reindustrialization cannot occur overnight.

Trump criticisms are not reserved in their comments, including Ed Krassenstein, a political commentator and creator of Krassencast, who said:

“He becomes almost comical at this stage. Trump literally said that there would be” no exemption “at his reciprocal prices and Maga applauded … Now, suddenly, he returns again and adds a lot of exemptions at his reciprocal rates. And Maga is again applauding.”

Political commentator Keith Olbermann posted:

“Trump: The prices are perfect, beautiful and compulsory, and I will not back down. In addition, Trump: here are 37,498 tariff exemptions for companies that have grew.”

Meanwhile, cryptographic markets reacted favorably to news, Bitcoin reaching $ 86,000 for the first time since the “Liberation Day” on April 2. It may be worth preparing the popcorn while we are preparing for a new week. The next tariff actions cycle is about to take off.

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