Profile Picture Miriam Lauvfoss News 14 Apr 2025, 15:39

Oslo Børs Rises Following Announcement on Tariff Exemptions

Illustration for the news article: Oslo Børs Rises Following Announcement on Tariff Exemptions - Conflingo.no
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The main index of the Oslo Stock Exchange experienced a significant increase of 1.92 percent on Monday. This uptick followed an announcement made late Friday, U.S. time, by the U.S. Customs and Border Protection (CBP). The agency stated that smartphones, computers, and other electronic devices would not be subject to the 125 percent tariff on goods imported from China, which was previously announced by President Donald Trump. Instead, these electronic items will be assigned a separate tariff rate, as clarified by the White House on Sunday.

🔎 Fact Check

The post is misleading. While it correctly states that the Oslo Stock Exchange rose following the announcement of tariff exemptions for electronic devices, it inaccurately attributes the announcement to U.S. Customs and Border Protection and misrepresents the timing and context of the tariff changes related to President Trump.

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