Apple, along with several other major electronics companies, has been granted relief from the Trump administration’s reciprocal tariffs — at least for now. According to a newly released document from U.S. Customs and Border Protection, a broad list of tech products has officially been excluded from the steep tariffs imposed on goods imported from China and other nations.

Among the items receiving exemptions are many of Apple’s flagship products, including iPhones, iPads, Mac computers, Apple Watch models, and other related devices. These products will not be subject to the hefty 125% tariffs that had been enacted on certain Chinese imports. Additionally, Apple will avoid the 10% reciprocal duties that apply to goods sourced from a number of other countries.

The exemptions extend well beyond Apple’s ecosystem. Various key electronic components, such as Nvidia graphics cards, semiconductors, SSDs, display panels, and manufacturing equipment used in chip production, are also included on the list. Numerous televisions and other general consumer electronics have been spared as well. However, not all devices managed to dodge the tariffs—certain video game consoles, such as the anticipated Nintendo Switch 2, remain subject to the trade penalties.

As noted by Bloomberg, while this development may offer short-term relief for tech firms, these exclusions may not be permanent. The administration is reportedly evaluating new, potentially reduced tariffs to replace the current system, particularly in regard to imports from China. It’s also worth mentioning that this latest ruling does not waive the 20% “fentanyl” surcharge previously imposed on Chinese goods. That particular fee still applies, meaning Apple and others may continue to face some financial impact despite the broader exemptions.

This back-and-forth on tariff policy has had a visible effect on Apple’s stock. Following the announcement of potential tariff increases and the subsequent 90-day pause affecting certain regions, the company’s share price experienced a sharp decline—dropping over 20% at one point. While there has been some recovery, Apple’s stock was still trading 11% lower as of the most recent market close compared to early April levels.

Update: An earlier version of this report incorrectly stated that AirPods and the HomePod were excluded from the tariff exemptions. It has since been confirmed that both of those products are indeed covered under the exemption list.

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