- The Trump administration has announced many exemptions Friday evening late in his “reciprocal rates”, including consumer electronics and critical technological components. Which offers a huge stay to American technology leaders as Apple And NvidiaInciting Wedbush analyst, Dan Ives, to declare it the “best news for technological investors”.
President Donald Trump has brought the American catastrophe technological sector back after his administration has exempted consumer electronics and critical contributions from his “reciprocal prices”, according to Wedbush analyst Dan Ives.
Customs and the protection of American borders issued new advice Friday night On Trump’s prices, exempt a range of imports Like smartphones, computers, semiconductors, flea manufacturing equipment, solar cells, flat-screen TV screens, flash players, memory cards and semiconductor players for data storage.
Although some products may possibly be affected by future prices, they would probably be lower than what Trump previously revealed. In particular, it offers a huge breakup for companies that depend on factories in China, which faces a reciprocal rate of 125% in more than 20%. This sparked a 125% reprisal tax of China, which means that both parties were proven to effectively reduce trade in each other.
In a PublishIves described Trump’s exemptions the “best news for technological investors” that raise a huge cloud in the sector, because the American technology giants had practically no alternative outside their supply chains based in Asia.
“Without these exemptions, the American technology industry would be resumed a decade and the thesis of Al Revolution would have been considerably slowed down,” he added. “Instead, we think that the White House had enough overwhelming comments from the Silicon Valley technology and business leaders throughout the week that prices, in particular those in China, would structurally change trade models while this tariff war and negotiations in China take place.”
The exemptions mark the last turn of deployment outside everything that is booming of Trump of his prices. On Wednesday, he announced a 90-day break on high rates above the reference base but increased rates for China. It also comes after he and his staff swore not to back off, then reported that they were open to negotiations.
For Ives, the new sculptures show that the American technological industry has a “loud voice” and that despite a strong previous resistance of the White House on exemptions “, the reality of the situation was finally recognized in Beltway”.
Admittedly, there is still a lot of uncertainty and volatility to come, because everything with China will probably take several months, at least, it has recognized. But for the moment, like Apple, Nvidia, Microsoft And others can push a huge sigh of relief this weekend.
“Big Tech is back from the cliff with these exemptions and this modifies the whole situation of technological actions with this black swan event for the suppressed industry,” wrote Ives. “We, Big Tech, is in a massively strong position on the Al Revolution…. And with these exemptions, this declaration remains unchanged and will make happy technical bulls (including ourselves) this weekend after 10 days of fear and questions.”
In a monitoring postHe added that “there will always be objective positions in movement” in the middle of negotiations “, but the Doomsday scenario is now out of the table in our opinion.”
The White House did not immediately respond to a request for comments on the reasons why the administration exempted technological imports from its prices.
Last weekend, after the markets underwent a brutal sale of 5 billions of dollars following the announcement of the “Liberation Day” of Trump of its 10% reference prices and even higher tasks on dozens of other countries, Signs emerged from the America company.
Trump advisor Elon Musk seemed to break with the White House trade war last Saturday when Tesla The CEO expressed his hope for a “Zero-tail” system between the United States and Europe This would create “a free trade area”.
And earlier in the day, Musk depreciated the manager of the White House Peter Navarro, who was would have been a key figure on the pricing policysuggesting X That his Harvard diploma is “a bad thing” and that he has never built anything.
Meanwhile, technological journalist Kara Swisher Published on the threads Last Friday, “a passage of high -level technology and financial leaders takes a trip to Mar -A -Lago to read Trump The Riot Act – UM talks about common sense – for him on the prices”.
This story was initially presented on Fortune.com
