Bloomberg Tech

Smartphone Tariff Exemptions, Meta's Antitrust Trial

12 snips
Apr 14, 2025
Kayleigh Lyons, a Bloomberg correspondent based in Washington, D.C., joins to unpack President Trump's remarks on tech tariffs and their potential impacts on the smartphone market. She dives into the ongoing FTC antitrust trial against Meta, discussing its defense strategies and the competitive landscape with platforms like TikTok. The conversation touches on shifting investment dynamics in response to tariffs and celebrates groundbreaking advancements like Blue Origin's all-female space flight, emphasizing representation in aerospace.
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INSIGHT

Tech Market Volatility

  • Technology-focused indexes hit session lows due to tariff uncertainty.
  • Apple's stock rebounded slightly, but uncertainty remains high.
INSIGHT

Tariff Policy on Tech

  • The White House clarified the tariff exemptions for consumer electronics are temporary.
  • Semiconductors and the electronic supply chain will be subject to future tariffs.
INSIGHT

Tariff Uncertainty and Market Impact

  • The unclear tariff policy makes trading and business planning difficult.
  • Market uncertainty is reflected in stock swings, particularly in the tech sector.
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