India, April 12 -- US President Donald Trump's administration has exempted smartphones, computers, and other electronics from reciprocal tariffs it announced earlier this month, potentially cushioning consumers from a potential increase in prices.

While benefiting the public, the move would also be welcomed by electronics giants, including Apple and Samsung, who were staring at a potential increase in their costs to access the US market.

According to a Bloomberg report, the exclusions, published late on Friday by US Customs and Border Protection (CBP), narrow the scope of the levies by excluding the products from Trump's 145 percent China tariff and his baseline 10 percent global tariff on nearly all other countries.

The exclusions wou...