U.S. and Chinese trade officials are “close to finalizing” some parts of an agreement after high-level telephone discussions on Friday…
Tag: President Trump
Apple’s highly-regarded iPhone 11 could help drive a China comeback
With a new dual‑camera system, the fastest chip and highest‑quality video ever in a smartphone, and all‑day battery life, Apple’s new iPhone 11 lets users do more and charge less often…
U.S. House antitrust probe of Apple, Alphabet, Amazon, and Facebook report likely by ‘first part’ of 2020
The chair of the U.S. House of Representatives Judiciary Committee’s antitrust panel said on Friday that he expects to have a final report on its probe…
Momentum investors are now buying shares of Apple, Amazon and Netflix
Earnings season has started. Wall Street is bullish on the first phase of President Trump’s trade deal with China. The stock market is near highs…
U.S. House investigators say they have begun receiving data from Apple, Alphabet, Amazon, and Facebook
The probe is one of several at the federal, state and congressional level aimed at determining if the companies use their considerable clout in the online market illegally to hurt rivals or otherwise break competition law…
US stock futures fall on report China wants more talks before signing ‘phase one’ trade deal
U.S. stock index futures fell Monday after Bloomberg reported China said it needed to have further discussions…
President Trump says the U.S. has come to a ‘very substantial phase one deal’ with China
U.S. President Donald Trump said Friday that the U.S. has come to a “very substantial phase one deal” with China in the trade negotiations between the two economic superpowers…
Stock market rallies on U.S.-China trade deal hopes; focus shifts to Trump-Liu meeting
Wall Street rose for the third straight session on Friday, with hopes running high that the talks between President Donald Trump and Chinese Vice Premier Liu He…
Fitbit shifts all manufacturing out of China to avoid U.S. import tariffs
Fitbit today announced that it has undertaken a plan to shift its manufacturing operations outside of China…
Stocks jump as China-U.S. trade talks come into focus
U.S. stocks rose Wednesday, as China and the U.S. attempted to ease simmering tensions, a day before high-level trade talks are scheduled to commence…
Can Apple avoid U.S. import tariffs again?
Apple will soon face another big test in the Trump administration’s continuing trade war. With sales of its latest device lineup in full swing…
Apple CEO Tim Cook’s Trump administration charm offensive seems to be paying off
Apple CEO Tim Cook seems to have earned the respect of President Trump more than any other tech leader…
Apple’s Tim Cook files brief with U.S. Supreme Court to support DACA
On Wednesday, Apple filed a friend of the court brief with the Supreme Court in support of the Deferred Action for Childhood Arrivals policy…
Apple is denied tariff relief on five Mac Pro parts after keeping production in Texas
Apple was denied relief for tariffs on five Chinese-made components for the upcoming Mac Pro computer, even after the company announced it was keeping some assembly operations in Austin, Texas…
Gene Munster: Apple’s move to make new Mac Pros in America a smart one
Apple announced Monday that it will make its new Mac Pros computers at its Austin, Texas facility, thanks to some tariff exemptions on components…
Made in America: Apple to build new, insanely powerful Mac Pro in Texas after securing tariff relief
As part of its commitment to US economic growth, Apple today confirmed that its newly redesigned Mac Pro will be manufactured in Austin, Texas. Apple CEO Tim Cook said, “We believe deeply in the power of American innovation. That’s why every Apple product is designed and engineered in the U.S.”
After ‘Howdy Modi,’ President Trump and India’s PM could sign trade deal
President Trump is also expected to sign a deal with Japanese Prime Minister Shinzo Abe next week that lowers Japanese farm tariffs…
U.S. trade regulators approve 10 out of 15 requests for tariff exemptions for Apple
U.S. trade regulators on Friday approved 10 out of 15 requests for tariff exemptions filed by Apple Inc..
Apple to invest $1 billion in India, plans to begin export of ‘Made in India’ iPhones across the world
As Apple plans to begin exporting ‘Made in India’ iPhones across the world, the California-based company is set invest some $1 billion in India…
President Trump delays tariff hikes by two weeks in ‘good will’ gesture to China
U.S. President Trump has delayed tariffs on $250 billion worth of goods imported from China…
Apple’s iPhones launch puts stock in play amid US-China ‘high stakes tariff poker game’
Many analysts expect Apple to keep its pricing the same as last year even though tariffs on products made in China are set to go into effect on December 15…
U.S. states launch antitrust probe of Alphabet Inc’s Google; advertising business in focus
Attorneys general from 48 U.S. states, the District of Columbia and Puerto Rico have opened an antitrust probe into big tech companies…
U.S. states kick off antitrust probe expected to focus on Google
Once lauded as engines of economic growth, the social media, search and e-commerce giants have sparked anger amid allegations of abusing outsized market power and lapses such as privacy breaches…
Jim Cramer: U.S. economic strength empowers President Trump to keep playing hardball on China trade
Reacting to China announcing Thursday that top U.S. and Chinese trade negotiators agreed to meet early next month for another round of talks, CNBC’s Jim Cramer says that U.S. economic strength empowers President Trump…
U.S. Congressional antitrust panel to discuss Big Tech competition
Senators Mike Lee (R-UT) and Amy Klobuchar (D-MN), the chairman and top Democrat on the Judiciary Committee’s antitrust panel, said the hearing was scheduled for Sept. 24…
Apple iPhone faces 15% U.S. tariff starting December 15th
The Trump administration on Wednesday made official its extra 5% tariff on $300 billion in Chinese imports and set collection dates of Sept. 1 and Dec. 15. The U.S. Customs and Border Protection will begin collecting a 15% tariff…
Inside the most ambitious push yet to make iPhones outside China
Foxconn, also known as Hon Hai Precision Industry Co., opened its first India factory four years ago. It now operates two assembly plants, with plans to expand those and open two more…
Stock futures jump after China’s upbeat comments on trade talks with U.S.
U.S. stock index futures jumped on Thursday as China sounded upbeat about its trade talks with the United States, calming investors…
Woz: Apple should’ve split up a long time ago, ‘Big Tech’ is too big
Apple Inc. co-founder Steve Wozniak comments on the antitrust scrutiny of big tech companies…
Apple’s $44 billion drop shows growing cost of reliance on China
Apple has all of its eggs in one basket: China…
White House officials confirm President Trump can block U.S. companies from operating in China
Two White House officials confirmed that President Donald Trump has the power to force US companies to move their operations out of China…
Analyst: Lower iPhone production cost may help Apple absorb 10% tariff
JP Morgan believes that Apple may be able to help offset the impact of December’s tariffs on the iPhone due to lower production costs as the bill of materials…
U.S. futures, Apple shares jump after President Trump says China wants to restart trade talks
Speaking at the G7 summit in Biarritz, France, on Monday, Trump said that he had received two phone calls from Chinese officials…
President Trump: China wants to negotiate and we will be ‘getting back to the table’
Speaking at the G-7 summit in Biarritz in France, President Trump praised Chinese President Xi Jinping and welcomed his desire for a deal…
President Trump orders U.S. companies to look for alternative to China, Apple and chip stocks slide
Shares of Apple and semiconductor stocks slid on Friday after President Donald Trump said U.S. companies should…
President Trump praises Apple CEO Tim Cook, calls him ‘a great executive,’ says Apple is ‘a great American company’
Today, U.S. President Donald Trump spoke with the press before he departed the White House for a veterans event in Kentucky…
Investor buys back into Apple because Tim Cook has Trump’s ear and more
Two of the reasons Weiss is bullish on Apple is he likes that Tim Cook has the ear of President Trump and the company’s more aggressive approach.
With President Trump, Apple CEO Cook plays the role of diplomat — so far, it seems to be paying off
Since Trump’s election in November 2016, Cook has met with Trump on at least five occasions, including two dinners and one private meeting at the White House…
20+ U.S. states to move forward with antitrust probe of ‘Big Tech’ firms including Apple
A group of U.S. states is preparing to move forward with a joint antitrust investigation of big technology companies…
Apple shares up after President Trump and Tim Cook dine at Trump National Golf Club
Apple shares rose close to 3% in early hour trading on Monday…
Wall Street stock futures jump on growing stimulus hopes
Wall Street stock futures were set for marked gains ahead at the open on trading on Monday as signs of an interest rate reform in China bolstered hopes…
President Trump says Tim Cook made a compelling argument for why tariffs are unfair to Apple
President Donald Trump said Apple CEO Tim Cook voiced concerns about competitors gaining an advantage because…
