Trump Tariff Exemption Triggers Market Rebound, 'Bull-Bear Discussion' Leans Bullish

BlockBeats News, April 13th, Cryptocurrency analysis firm Santiment released a market analysis stating that President Trump made another surprising move, announcing tariff exemptions for "smartphones, laptops, computer chips," and other tech products. This adjustment to the newly implemented reciprocal tariff policy took the outside world by surprise, especially in the context of the previously announced 125% tariff on Chinese imports. The U.S. Customs and Border Protection stated that this exemption aims to give U.S. companies time to move their production lines back from overseas to the domestic market. The total value of imported goods covered by the exemption is approximately $390 billion, with "over $100 billion coming from China." This is seen as a significant softening of Trump's trade stance, especially considering that the U.S. imported $41 billion worth of smartphones and $36 billion worth of computers from China in 2024, a policy that aligns with the expectations of tech stocks and cryptocurrency traders.

For tech giants such as Apple and NVIDIA that heavily rely on Chinese manufacturing, this is undoubtedly a major positive development. Analysts had warned that the originally planned tariffs would cause a sharp increase in electronic product prices, with some forecasts suggesting that the iPhone price could "soar to $3,500." The initial round of tariff policies had put pressure on U.S. tech stocks, with Apple alone losing over $640 billion in market value in the days following the announcement. Trump's tariff exemption has dispelled the clouds hanging over the tech industry, indirectly easing the pressure on the cryptocurrency market. Following the announcement of the exemption, Bitcoin rebounded to a weekend high of $85,900, reversing the volatile trend seen in April, with a weekly trading volume of $840.8 billion, setting a new high for 2025. While Trump's trade policy remains complex and unpredictable, the targeted exemption for tech products has brought short-term certainty and breathing room. Investors monitoring tariff dynamics widely predict an uptrend on social media, with "bullish-bearish discussions" showing a clear bias, and it is expected that tech stocks will likely catch up with the current cryptocurrency market after Monday's opening. The cryptocurrency market has shown a moderate uptrend, and the stock market's opening on Monday will create a chain reaction, further driving up the prices of "Bitcoin and altcoins."