The Trump administration has updated its tariff list to exempt certain electronics, including smartphones and computers, from the 145% levies on China, effective April 5. This exemption was announced after a presidential memo on Saturday. The move aims to encourage U.S. manufacturing, particularly by companies like Apple, TSMC, and Nvidia. However, the 20% tariff on Chinese goods related to the fentanyl trade remains unchanged. Critics argue that the tariffs are economically ruinous and that the administration’s shifting stance on tariffs and leverage for deals is confusing. The conversation also touched on the challenges of keeping track of the rapidly changing tariff policies.