The White House announced a temporary exemption for smartphones, laptops, and other consumer electronics from the steep tariffs that would hike up prices for many products.

A long list of electronic products got a reprieve for now from at least some of the levies on China, which had been expected to take a toll on tech giants like Apple.

The Trump administration said they would exclude electronics like smartphones and laptops from reciprocal tariffs, a move that could keep the prices down for consumers.