<p>➀ U.S. imports of smartphones, laptops, and TVs from China have sharply declined since early 2025, with production shifting to Vietnam and India (Apple and Samsung lead the relocation);</p><p>➁ Vietnam has emerged as the top source for U.S. electronics imports, with Dell, Apple, and HP expanding local production to offset losses from China;</p><p>➂ Escalating U.S.-China tariff tensions and minimal domestic smartphone manufacturing (e.g., Purism’s niche production) may lead to U.S. supply shortages in late 2025.</p>
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