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Trump administration exempts phones, computers, CPUs, memory, and chipmaking tools from sweeping tariffs

The exemptions cover $390 billion in yearly US imports
Why it matters: The Trump administration has granted a reprieve to global technology manufacturers by exempting smartphones, laptops, CPUs, memory chips, and electronics to make semiconductors from its sweeping tariffs on imports – a move that could ease pressure on companies like Apple and Nvidia while offering relief to consumers.
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Trump's dream of a US-made iPhone clashes with Apple's manufacturing reality

A $2,300 iPhone?
In context: President Trump's 104% tariff on goods imported from China is now in effect. It will have an enormous impact on many US firms, especially Apple, which relies heavily on China to manufacture its iPhones. Trump believes the solution is to start making the handsets in the US, but that would be nearly impossible, especially in the short term. And even if it were, iPhones would likely become much more expensive.
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Nintendo defends Switch 2 pricing amid tariff concerns and gamer backlash

Newly announced tariffs were not a factor in console's final US price
Facepalm: Nintendo would much prefer the focus to be on the many technological improvements introduced with the Switch 2. However, most gamers are now more interested in discussing how much the new console – and its compatible games – will cost compared to the previous generation.