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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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Signal defends itself after US military officials leak classified plans by mistake on group chat

The most secure messaging app - until someone invites a journalist
Facepalm: Signal likes to present itself as the most private and secure messaging service around, but the nonprofit likely didn't design the app for sharing classified plans regarding imminent military action. Yet earlier this month, senior US government and military officials did just that. Signal's president later defended the service amid renewed comparisons to WhatsApp.
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Best Buy and Target brace for price hikes as Trump's tariffs take effect

Trump administration enacts 25 percent tariffs on Mexico and Canada, increases anti-China tariffs to 20 percent
The big picture: President Trump's long-feared tariffs on Mexican, Canadian, and Chinese imports have finally arrived. As retaliatory tariffs from the affected countries launch a trade war that could severely slow the global economy, retail executives warn consumers to expect price hikes.