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…
Tag: U.S.-China trade
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..
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…
Apple preps iPhone 11 trio, but potential upgrade cycle is in question
About a third of Apple’s 900 million active iPhones are likely to be upgraded in the next 12 to 18 months,,,
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…
Gene Munster: It’s unlikely Apple wearables will be tariffed without an offset
On September 1st U.S. collections of a 15% tariff will begin on $125 billion of targeted goods (smartwatches, bluetooth headphones, flat-panel televisions…
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…
Apple’s data shows a deepening dependence on China as Trump administration’s tariffs loom
Apple Inc’s dependence on China has not lessened by tapping factories in Brazil and India, the company’s supply chain data shows, raising the stakes as U.S. President Trump promises more tariffs…
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…
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…
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…
Apple CEO Tim Cook has met with President Trump five times in past year
Apple CEO Tim Cook has met with U.S. President Donald Trump at least five times over the past year…
Gene Munster: ‘We don’t expect tariffs on Apple products’
Loup Ventures’ Managing Partner Gene Munster says he doesn’t expect tariffs on Apple products despite Wall Street’s widespread concern…
Analyst: Despite China worries iPhone demand cycle looks stable
According to Wedbush analyst Daniel Ives, reading the Apple supply chain tea leaves, iPhone demand looks stable year over year…
Trump admin tariff threats spur exodus of manufacturers from China
Electronics makers are shifting manufacturing from China in order to side-step Trump administration tariffs…
Dow plunges 800 points in worst day of 2019
A selloff in U.S. stocks accelerated into Wednesday afternoon after the bond market flashed its brightest warning signal…
Analyst: Goldman Sachs spends $350 for every Apple Card customer; may lose money on credit card in the next recession
An analyst estimates that Goldman Sachs spends $350 to acquire each new Apple Card holder and thinks the bank will begin to break even on a customer after four years…
U.S. Treasury bond curve inverts for first time since 2007 in recession warning
In a classic sign of investor concern that the world’s biggest economy could be heading for recession, the U.S. Treasury bond yield curve inverted on Wednesday for the first time since 2007…
Apple shares soar on news of U.S. tariff reprieve
Shares of Apple Inc. soared on Tuesday after the U.S. delayed a 10% tariff on certain Chinese imports, including smartphones and notebook computers…
U.S. delays China tariffs for some items including cellphones, removing other products from list
The United States Trade Representative office has cut items from the list of Chinese-made products that had faced new tariffs next month, citing factors including…
Morgan Stanley: Apple has multiple options to lower potential import tariff impact
Morgan Stanley analysts believe that Apple will take multiple steps to mitigate tariffs on Chinese imports to the United States, including employing non-Chinese assemblers and suppliers…