From Cointelegraph
April 12, 2025 1:12:00 pm:

President Trump has exempted tech products like smartphones, chips, and computers from tariffs, providing relief to the industry. US Customs and Border Protection excluded storage cards, modems, diodes, and semiconductors from ongoing trade tariffs.

The tariff exemptions boosted tech stocks and could lead to a rally in crypto markets. Bitcoin surpassed $85,000 on April 12 in response to positive trade war news.

Trump’s tariff policies pause and lower rates, leading to a surge in Bitcoin and the S&P 500. The tariffs are seen as a negotiation tactic for a US-China trade deal.

Yield on the 10-year US Treasury Bond spikes to 4.5% due to trade war uncertainty. Exempting tech products from tariffs won’t necessarily reduce bond yields or lower interest rates.

Read more at Cointelegraph: Trump exempts select tech products from tariffs, crypto to benefit?