Trump Administration Grants Tariff Reprieve To Tech Industry; Apple And Nvidia Among Beneficiaries - NVIDIA (NASDAQ:NVDA), Apple (NASDAQ:AAPL)
1. Trump exempts tech products from tariffs, aiding companies like Apple. 2. Exclusions apply to smartphones, laptops, and computer components. 3. Temporary relief may boost profit margins for Apple and Nvidia. 4. Future tariff changes could impact product costs again. 5. Existing 20% China duty remains unaffected by the new exemptions.