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NPR News Now

NPR News: 04-12-2025 7PM EDT

NPR News Now

NPR

News, Daily News

4.313.3K Ratings

🗓️ 12 April 2025

⏱️ 5 minutes

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NPR News: 04-12-2025 7PM EDT

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Transcript

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0:00.0

This is Eric Glass.

0:01.8

In Lily's family, there's a story everybody knows by heart.

0:05.2

If this story had never happened...

0:06.8

All of us wouldn't be here right now.

0:08.6

Sammy wouldn't be here?

0:09.7

She's Nana wouldn't be here.

0:10.8

Wally wouldn't be here.

0:12.3

Anyone that we know wouldn't be here.

0:14.9

So what happens when Lily's mom tells her, this story is not true?

0:20.0

This American life, surprising stories every week.

0:24.8

Live from NPR News in Washington, I'm Janine Herbst. Electronics such as smartphones and

0:31.6

computers will now be exempt from President Trump's steep new tariffs. The new rule applies to China, a major electronic supplier for the U.S.,

0:40.8

which is currently facing a tariff of 145%.

0:44.5

And peers Juliana Kim has more.

0:46.9

The exemption includes smartphones, computers, semiconductors, among other electronics.

0:52.0

It applies to products that entered the U.S. or left the warehouse starting

0:55.6

last Saturday. China has long been America's chief source for electronic products. And in particular,

1:02.0

the change gives a major sigh of relief for American tech companies that rely on supply chains in

1:07.6

China, including Apple. Before the exemption, electronics was one of the areas where

1:12.6

prices were expected to spike as a result of tariffs. In response to the steep levy,

1:18.4

China has imposed a 125 percent tariff on U.S. goods. Juliana Kim, NPR News.

1:25.4

Tech billionaire Elon Musk and members of his Department of Government Efficiency team,

...

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