Prabhu RamIndustry leaders and experts on Sunday welcomed the Donald Trump administration’s decision to exempt smartphones, computers and other electronics imported to the country from reciprocal tariffs — a move which has given India a definitive edge over China.
“The US tariff exclusions provide much-needed relief for the global technology sector, easing pressure across consumer electronics, semiconductors, and hardware. The move offers meaningful reprieve to tech majors — especially Apple, which was caught in the crossfire — as well as the broader chip and hardware industries. The exclusion of smartphones and chips is particularly critical in the context of China tariffs. While it addresses near-term concerns, long-term uncertainty around US-China trade dynamics remains.”
Prabhu Ram, VP-Industry Research Group, CyberMedia Research (CMR).
Source: AP7AM
