Relief for India’s smartphone industry as US exempts electronic items from reciprocal tariffs

In a significant boost to India’s burgeoning smartphone industry, the United States has decided to exempt electronic items, including smartphones, computer monitors, and other gadgets, from the reciprocal tariffs previously announced by the Trump administration.

The US Customs and Border Protection issued a notice on Friday stating that these electronic goods would be excluded from the tariffs, which included a 26% levy on India and a substantial 145% tariff on China.