Investors Cheer a Tariff Rollback for the Tech Industry

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  Global stocks rise as investors cheer on a rollback of tariffs for the tech sector.

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  Plus, the journal's latest survey of economists reveals an unusual lack of consensus about future U.S. growth prospects.

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  Typically, the consensus is a bit tighter,

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  but the fact that the Trump administration has been enacting tariffs, pausing tariffs,

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  we can see in the gyrations of the stock market that everyone's trying to find some certainty amidst all of the changes.

• 00:33

  And an update on U.S.-Iran nuclear talks held over the weekend.

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  It's Monday, April 14.

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  I'm Luke Vargas for The Wall Street Journal, and here is the AM edition of What's News,

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  the top headlines and business stories moving your world today.

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  Global markets and tech stocks in particular are starting the week on positive footing after U.S. customs and border protection said in a filing late Friday that computers,

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  tablets, Apple Watches,

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  and other electronics will be able to dodge many tariffs on Chinese products as well as the 10 percent tariff on all global imports.

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  That news initially fueled hope that the tech industry could avoid an immediate surge in costs,

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  though relief could be short-lived.

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  With President Trump saying tech products will soon be covered by separate semiconductor tariffs,

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  the details of which he said on Air Force One could come this week.

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  Well, here with more on what markets are making of all of this, I'm joined by journal reporter Katelyn McCabe.

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  Katelyn, walk us through what we're seeing this morning in response to this latest U.S. trade messaging.

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  So, as expected, investors are liking this news for now at least.

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  Looking at the agent session, we saw there that tech stocks and Apple suppliers were up modestly.

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