Tim Cook does it again: Apple secures key tariff exemptions

Apple has avoided what could have been a devastating financial hit thanks to a last-minute decision by the White House to exempt key tech products from harsh new tariffs. The move spares Apple’s iPhones, laptops, and components from a crippling 145% import fee, offering much-needed relief to the tech giant and its customers.

Major electronics spared from new import tariffs

The U.S. Customs and Border Protection has published a list of products now exempt from Trump’s sweeping 125% tariff on China and the 10% global tariff applied to nearly all other countries. Among those spared are smartphones, laptops, hard drives, processors, and memory chips—items critical to Apple’s global supply chain and consumer base.

These exemptions are especially vital because most of these products aren’t manufactured in the U.S., and creating domestic production lines would require several years and massive investment. For now, Apple can continue importing without passing higher costs on to consumers.

Semiconductor tools also escape tariff hikes

Another key aspect of the exemption includes machines used to produce semiconductors, which is crucial for Taiwan Semiconductor Manufacturing Co. (TSMC). The company, a vital Apple supplier, is investing heavily in U.S.-based facilities, making the exemption not only a win for Apple but for broader efforts to localize chip production.

Uncertainty still looms for the tech sector

Despite this temporary reprieve, uncertainty continues to shadow the tech industry. The Trump administration is reportedly considering sector-specific tariffs, which could affect future imports of electronics. For now, Apple can celebrate, but the broader market remains cautious.