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Tech Stocks Surge Following Tariff Exemptions
14/04/2025
Tech Stocks Surge Following Tariff Exemptions
Tech stocks experienced a significant boost after the U.S. administration announced exemptions on certain electronics from new tariffs, alleviating concerns over potential price hikes and supply chain disruptions.
📈 Market Reaction to Tariff Exemptions
The exemption of key electronic products like smartphones, laptops, and semiconductors from new tariffs led to a surge in tech stocks. Apple shares rose 2.2%, and the Nasdaq gained 0.6%.
⚠️ Future Tariff Considerations
Commerce Secretary Howard Lutnick warned that new tariffs targeting semiconductors and tech components could be introduced under a separate investigation, indicating that the relief may be short-lived.
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