Apple and Samsung Electronics have temporarily avoided U.S. tariffs on key tech products after the Trump administration exempted smartphones, laptops, and semiconductors from a sweeping trade policy. However, future restrictions remain likely, with a pending investigation into semiconductor imports potentially leading to new tariffs.
The newly announced reciprocal tariffs are expected to slightly reduce GDP and raise inflation by 0.2 percentage points over the next year, without signaling a recession or stagflation.
