On Friday, the Trump administration banned TSMC and rival chipmakers using American equipment from supplying China’s Huawei Technologies Co. without …
Tag: U.S.-China trade
China risk reemerges; here’s how Apple could be affected
In the stock market, China risk is reemerging. The U.S. is amending an export rule to block the sale of certain semiconductors to Huawei…
Stock market snaps two-day slump, lifted by Apple, Microsoft, and Amazon
U.S. stocks ended higher on Monday as increases in large tech and internet companies and oil price gains outweighed concerns sparked by fresh U.S.-China…
Coronavirus speeds Apple assemblers’ plans to move beyond China
COVID-19 is expediting Apple assemblers’ move out of China that has been underway since the President Trump began deploying U.S. import tariffs on China…
Apple Watch excluded from U.S. tariffs on China imports
According to a letter dated Friday, Apple’s request for its popular Apple Watch to be excluded from U.S. tariffs on Chinese imports was approved…
Thanks to the U.S.-China trade war, companies like Apple are better prepared for coronavirus
Despite the outbreak of the COVID-19 coronavirus, some U.S. companies find themselves better offn than they otherwise might have been due to the U.S.-China trade war…
Apple’s iPhone isn’t made in China — it’s made everywhere
Apple’s iPhone isn’t made in China, it’s made everywhere. Apple’s iPhone may be calculated as a Chinese import, but is reality…
Apple supplier Pegatron plans production facilities in Vietnam
The latest Apple supplier to establish a presence in Vietnam is Taiwan’s Pegatron, which plans to set up production facilities in the Southeast Asian nation…
U.S.-China ‘Phase 1’ trade deal removes threat of iPhone tariffs
As part of the U.S.-China ‘Phase 1’ trade deal to be signed today by President Trump and China’s Vice Premier Liu He, China has promised to provide more protection for the intellectual property of American companies and will also stop requiring U.S. companies to share their technology in exchange for doing business in China. Scott […]
U.S.-China trade deal, optimism power stocks to new record highs
Powered by optimism about the U.S.-China trade deal, as well upcoming earnings reports, Apple and other tech stock pushed Wall Street to record highs…
Much at stake Saturday in Taiwan’s presidential, parliamentary elections
Aside from its key role in the global supply chain as a high-tech manufacturer, mostly notably as an Apple Inc supplier, Taiwan is in a strategic location…
Wall Street notches record highs on trade optimism, Apple gains
As optimism about a U.S.-China trade deal firmed and Apple along with other large caps posted strong gains, major U.S. stock indexes registered record closing highs…
Wall Street edges higher as President Trump says ‘Phase 1’ China trade deal to be signed on January 15th at White House
Trade-sensitive tech stocks, including Apple Inc, were the biggest boosts to the benchmark S&P 500 index…
President Trump’s trade deal with China removes major hurdle for rally in Apple and tech
U.S. President Donald Trump’s limited trade deal with China removes a major hurdle for Apple..
President Trump agrees to ‘Phase One’ trade deal with China
The new deal would prevent new tariffs planned for Sunday and roll back some existing tariff rates…
Futures up on trade deal hopes as tariff deadline looms
Mere days before fresh tariffs on Chinese goods are set to kick in, U.S. stock index futures rose on Friday…
U.S. reaches a phase one trade deal with China in principle pending President Trump’s approval
Trump met with top advisors on Thursday about trade with China and whether to delay the next round of U.S. tariffs…
Stocks jump to a new record on Trump tweet saying U.S. is ‘very close’ to China trade deal
Stocks jumped to all-time highs on Thursday after President Donald Trump said China and the U.S. were zeroing in on a trade deal..
Apple to dodge $150-per-iPhone levy if President Trump delays import tariffs
A 20-month trade war between the U.S. and China came to a head this week as a key deadline looms…
U.S. and China move closer to trade deal despite harsh rhetoric
The U.S. and China are moving closer to agreeing on the amount of tariffs that would be rolled back in a phase-one trade deal…
Stocks slump after Trump says China deal may be best after 2020 election
Stocks took a hit on Tuesday, after President Trump said it may take until after the 2020 U.S. elections to complete a trade deal with China…
Markets hit as President Trump hints U.S.-China trade deal could be delayed
Markets were jolted after President Trump suggested a trade deal with China could be delayed until after the US presidential election in November next year…
Apple employees strongly support CEO Tim Cook’s relationship with President Trump
Last week, the relationship between Trump and Cook was on display again, when the president visited a Mac Pro manufacturing facility in Austin…
Wall Street sets records on U.S.-China trade progress optimism
Each of Wall Street’s three major averages kicked off the trading week with record closes on Monday as signs pointed to progress between the United States and China…
Dow, S&P 500, and Nasdaq hit record highs after White House economic advisor Kudlow signals U.S.-China trade deal getting close
The Dow Jones Industrial Average hit a new record high today after the Trump administration’s National Economic Council director Larry Kudlow said…
U.S. and China agree to cancel existing trade tariffs in phases
Gao Feng, a spokesperson for China’s Commerce Ministry, said that the U.S. and China have agreed to simultaneously cancel some existing tariffs…
S&P 500, Nasdaq hit record high on U.S. jobs report, China data
Wall Street’s main indexes advanced on Friday, as investors took comfort from data that showed U.S. jobs growth slowed less than expected..
Investors say Apple CEO Cook’s handling of U.S.-China trade war has helped buoy shares
When Apple Inc reports results on Wednesday, Wall Street expects flat fiscal fourth-quarter sales and lower full-year revenue compared with the prior year…
U.S. GDP rose a better-than-expected 1.9% in Q3; private payrolls increase tops expectations in October
Personal consumption expenditures, a gauge of spending by American households, rose at a 2.9% annualized rate…
U.S. Trade Representative: U.S. and China are ‘close to finalizing’ parts of Phase 1 trade pact
U.S. and Chinese trade officials are “close to finalizing” some parts of an agreement after high-level telephone discussions on Friday…
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…
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 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…
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.”
How Apple is reacting to the U.S.-China trade war
Apple may be the pride of America, but there’s no avoiding the ironic fact that a “Assembled in China” stamp sits at the bottom of most Apple products..
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..
