Despite the optimism, President Donald Trump warned in a Truth Social post on Sunday that tech-related tariff exemptions will be short-lived.

Electronics imported to the United States will be exempt from President Donald Trump’s sweeping tariffs, according to a US Customs and Border Protection notice posted on Friday.

President Donald Trump issued some exemptions in tariffs targeted at imports from China. The exemptions include smartphones, computers, processing chips and other electronics. The price of an iPhone had been projected go as high as $2,

The exemptions come days after the U.S. trade representative said “the president has been clear” that he does not intend to give exemptions to the tariffs.

The Trump administration says it will exclude electronics like smartphones and laptops from reciprocal tariffs, a move that could help keep the prices down for popular consumer electronics that aren’t usually made in the U.

US President Donald Trump pushed back against suggestions that Friday's pausing of "reciprocal" tariffs was letting countries "off the hook" for their levies on US imports. Writing on social media Trump said: "There was no tariff exception announced on Friday."

As President Donald Trump drives the stock market down, and his approval rating along with it, by implementing massive tariffs on China and potentially the rest of the world, Democrats across the ideological spectrum have largely stuck to the same script: The tariffs are chaotic,

Trump announced a 90-day pause on a host of global tariffs he had planned, but increased levies on Chinese imports to 145%. "We urge the US to take a big step to correct its mistakes, completely cancel the wrong practice of 'reciprocal tariffs' and return to the right path of mutual respect,

China on Sunday called on the United States to "completely cancel" its reciprocal tariffs after Washington announced exemptions for consumer electronics and key chipmaking equipment.