Trump exempts smartphones and computers from new tariffs

It follows concerns that tech prices could skyrocket, as many gadgets are made in China, with the US president saying he will give more detail on Monday.

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In a notice, US Customs and Border Patrol said that the goods would be excluded from Trump's 10% global tariff on most countries and the much larger Chinese import tax.

It marks the first significant reprieve of any kind in Trump's tariffs on China, with one trade analyst describing it as a "game-changer scenario".

Late on Saturday, while travelling to Miami, Trump said he would give more details of the exemptions at the start of next week.

"We'll be very specific," he told reporters on Air Force One. "But we're taking in a lot of money. As a country we're taking in a lot of money."