Will personal electronics from China get to dodge U.S. tariffs for long?

I'm David Brancaccio in Los Angeles.

Tech stocks are pointing upward on news over the weekend that the Trump administration will exempt imports of smartphones, laptops, and other electronics from the highest tariff rates.

Apple's stock is up 5% in pre-market trading now, but the Trump

team is also issuing conflicting signals, as marketplaces Henry Epp reports. President Donald Trump

said Sunday that electronics from China will still face a 20% import tax. That's much lower than the

145% tariff the administration has imposed on other imports from the

country. Most iPhones sold in the U.S. are made in China, so the lower tariff rate gives Apple something

of a reprieve. Stocks rallied on the news. Some analysts interpreted the move as a sign the administration

could continue to carve out exemptions for different sectors of the economy.

But Commerce Secretary Howard Lutnik stressed over the weekend that additional tariffs are coming for electronics imports soon.

The administration plans to announce new tariffs on devices that use semiconductors within the next month or two,

Lutnik told ABC. He said those additional taxes are needed to, quote,

reshor manufacturing of computer chips in the U.S. I'm Henry App for Marketplace. And it's the time of

year it falls to me to be that guy who nudges you that tomorrow is the tax filing deadline.

Depending on the complexity of your taxes, one option might be the IRS

Direct File Program. Now, if you qualify, you can file your taxes electronically for free.

Third parties can also do it, but it's often not free. The Direct File Program is in its second

year, and it's now open to people in 25 states. Here's Marketplaces, Stephanie Hughes.

Direct File is for taxpayers with relatively simple federal returns. You can't use the program

if you, for example, get income from the gig economy, or you itemize your deductions.

An IRS spokesman, Anthony Burke, says so far,

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