By David Lawder and Jeff Mason WASHINGTON/WEST PALM BEACH, Florida (Reuters) -U.S. President Donald Trump's administration granted exclusions from steep tariffs on smartphones, computers and some other electronics imported largely from China,

The United States bought $439bn worth of goods from China in 2024 – more than three times the $143.5bn it sold in return. That $295bn gap, known as the trade deficit, is something US President Donald Trump is determined to shrink.