By FnF Correspondent | PUBLISHED: 12, Apr 2025, 21:52 pm IST | UPDATED: 12, Apr 2025, 21:52 pm IST
This decision is likely to benefit global tech players such as Apple, which assembles many of its devices in China. The exemption extends to semiconductors, solar cells, and memory cards — easing pressure on a tech industry already navigating global supply chain challenges.
Earlier, President Trump said he could offer some exemptions to his 10 per cent tariff on most US trading partners. “There could be a couple of exceptions for obvious reasons, but I would say 10 per cent is a floor,” Trump told reporters on Friday aboard Air Force One en route to Florida.
Meanwhile, the first phase of the bilateral trade agreement between India and the US is likely to be concluded within the tariff-pause period of 90 days fixed by the Donald Trump administration, according to official sources.
by : Priti Prakash
The issue of deportation of Indian migrants staying illegally in the US took an emotionally charged ...