AP
Confusion reigns after Trump exempts electronics from new tariff regime | AP Explains
Confusion over President Donald Trump’s tariffs remains following a weekend of questions around trade in consumer electronics. On Friday the Trump administration paused its new taxes on electronics imported into the U.S. — signaling some relief from trade wars that have particularly escalated with China, a major exporter of technology from smartphones to laptops. But these goods remain subject to other levies.
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Analysts expect sales will start falling off as the slew of tariffs increase costs for companies and many retailers are forced to raise prices, hurting shopper demand.
