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Apple Stock Gains on Relief from Chinese Import Tariffs
The U.S.-China trade war has been pressuring Apple's supply chain and forcing it to shift some manufacturing to India. Now, the U.S. has agreed to scale a 145% tariff on Chinese goods down to 30%, and cut a 125% "reciprocal" tariff" on Chinese goods to 10%.
Apple stock soars on news of US-China tariff deal
Apple stock soared almost 6% at market open today, following the announcement of an easement of US tariffs on China. The countries agreed over the weekend to cut reciprocal tariffs from 125% to 10%. However, the deal is set to expire in 90 days as talks over a longer-term resolution continue.
Shares of consumer tech giant Apple (NASDAQ: AAPL) traded over 5% higher, as of 11:51 a.m. ET today, after officials from the ...
Cooling of trade tensions between the U.S. and China is undeniably good news for Apple. But not quite good enough. Apple rose ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
Also: Berkshire after Buffett, retirement planning and avoiding taxes, and what to think of the recent stock-market rally.
Purchasing Apple ( AAPL 0.49%) stock during his tenure at Berkshire Hathaway ( BRK.A 0.18%) ( BRK.B 0.09%) will be one of Warren Buffett's top legacies. Apple stock has performed well since Berkshire ...
The Apple executive also shared that the number of Google searches made on Safari decreased for the first time ever this year ...
Investors unfairly punished Apple’s stock last week after the company announced it was reducing its buyback program to $100 ...
Cook noted that Apple is now sourcing many of the iPhones slated for sale in the U.S. from India, and most of its other ...
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