Wall Street’s major indexes surged to one-week highs on Wednesday, driven by optimism for a thaw in the U.S.-China trade war…
Tag: U.S. import tariffs
Foreign companies eye expansion in America to lessen tariff fallout
Some non-U.S. companies have said they are looking at expanding their presence or setting up shop in America to mitigate the impact…
Apple CEO Tim Cook spoke with U.S. Commerce Secretary Howard Lutnick about tariffs impact
Apple CEO Tim Cook spoke to Commerce Secretary Howard Lutnick last week about the potential impact of the tariffs on Apple’s business…
Apple market cap falls back below $3 trillion
Apple stock dropped nearly 4% on Wednesday, pushing the iPhone maker’s market capitalization below $3 trillion. Tariff concerns continue…
Panic over U.S. import tariffs spurs fastest retail sales growth in two years
Economic data has validated anecdotal reports: Some panicked consumers are hurrying to buy big-ticket items like cars, electronics…
President Trump to join meeting with Japan to discuss tariffs
U.S. President Donald Trump will attend a meeting with Japan to discuss tariffs, “trade fairness,” and American military support…
Apple airlifted iPhones worth a record $2 billion from India ahead of U.S. import tariffs
Apple’s key India suppliers exported a record-breaking $2 billion in iPhones to the U.S. in March, ahead of President Trump’s…
Nvidia to produce AI servers worth up to $500 billion in America
Nvidia announced plans to invest up to $500 billion over four years in U.S.-based AI server production, aligning with the Trump admin…
Apple, big tech lead stocks relief rally after President Trump’s weekend tariff pause
U.S. stocks gained as investors parsed the Trump administration’s latest actions on reciprocal tariff exemptions for Apple iPhones, other…
President Trump exempts smartphones and computers from new U.S. import tariffs
President Donald Trump’s administration has excluded smartphones and computers from its reciprocal tariffs, which include a 125% tariff…
Apple sales surged Saturday due to fears of tariff-induced price hikes
President Trump’s U.S. import tariffs, making a rollercoaster of Apple’s stock chart, ended up igniting a sales boom as shoppers hustled to…
President Trump will ‘take a look’ at exempting some larger American companies hit by tariffs
President Donald Trump said Wednesday he was open to providing exemptions for certain American companies hit especially hard by tariffs…
Apple airlifted 600 tons of iPhones from India to America ahead of President Trump’s tariff deadline
Apple arranged chartered cargo flights to transport 600 tons of iPhones — equivalent to up to 1.5 million devices — from India to America…
Apple stock posts best day since 1998
Apple’s stock surged over 15% in Wednesday regular trading following President Trump’s announcement of a 90-day pause of his…
President Trump’s U.S. import tariffs spur iPhone sales rush
The Trump administration’s newly imposed U.S. import tariffs have shaken Apple’s stock price, yet they’ve also delivered a nice side benefit…
Apple stock nears one-year low
On Monday, the “Magnificent Seven” stocks – headed by Apple – plummeted, deepening a market sell-off that has erased roughly $2 trillion…
President Trump threatens additional 50% tariff on China, effective April 9th
U.S. President Donald Trump on Monday stated on Truth Social that “if China does not withdraw its 34% increase above their already…
After $450 billion hit on tariff panic, time to buy Apple stock?
Apple has lost $450 billion in market capitalization since President Trump announced his reciprocal tariffs on Wednesday…
President Trump says stocks will boom after import tariff negotiations
Following a downturn, a surge is on the horizon? President Donald Trump claims his tariffs will spark a stock market boom, yet investors are…
Apple production hubs – and Apple stock – hit by U.S. import tariffs
Apple is currently directly in the line of fire of President Donald Trump’s latest tariffs set to kick in on April 9th…
President Trump’s reciprocal tariffs hit Apple stock in after hours trading
President Trump unveiled reciprocal tariffs at a White House event, set to hit 34% on China, the administration announced Wednesday…
President Trump imposes reciprocal tariffs to match duties put on American goods by other countries
U.S. President Donald Trump announced on Wednesday that he would impose reciprocal tariffs to match duties put on American goods…
Jim Cramer likes Apple’s move to manufacture more in America
Jim Cramer, host of CNBC’s “Mad Money,” expressed his approval to viewers of Apple’s decision to shift more of its manufacturing…
Analysts revisit Apple stock price targets amid AI failures, trade issues
Apple’s stock rose in Monday trading, tracking gains in U.S. markets as investors grew optimistic about potential relief from the Trump…
Investor uncertainty over tariffs create volatile stock market
Investor uncertainty has sparked volatile stock market trading. Market watchers note that the Trump administration’s fluctuating policy…
Apple’s new M4 MacBook Air is $100 more affordable, despite tariff concerns
Apple’s new M4 MacBook Air has a starting price of $999 for the 13-inch model, with the 15-inch model starting at $1,099. That’s $100 less…
Apple to open AI server factory in Texas as part of $500 billion investment in America
Apple announced plans to collaborate with partners to establish a 250,000-square-foot AI server manufacturing plant in Houston, Texas…
Indian Prime Minister Modi to meet with U.S. President Trump to discuss trade this week
This week, Indian Prime Minister Narendra Modi will meet with U.S. President Donald Trump in a significant bilateral engagement focused…
Taiwan expects small impact from President Trump’s tariffs on chip exports
Taiwan only expects a minor impact from any tariffs imposed by the incoming administration of U.S. President-elect Donald Trump…
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…
UK vows new tax on tech firms will proceed despite U.S. pressure
US Treasury Secretary Steve Mnuchin has threatened new tariffs on UK carmakers after UK Chancellor Sajid Javid said the UK would not back down over the tax…
Presidents Trump and Macron declare a truce on digital tax dispute
Presidents Trump and Macron have declared a truce on a digital tax dispute that was ratcheting up between France and the U.S…
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. Trade Rep: U.S. and China aim to sign phase one deal in January
U.S. Trade Representative Robert Lighthizer, one of the lead negotiators in talks with Chinese officials, also told reporters Friday…
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…
Big tech finds an ally in President Trump in high-stakes international tax fight
President Trump is defending Apple, Amazon, Facebook, Google and other tech companies in the face of France’s push for a digital tax…
France and EU say they’re ready to retaliate over U.S. tariff threat on $2.4 billion in imports from France
On Tuesday, France and the European Union said they are ready to retaliate if President Trump acts on a threat to impose duties of up to 100% on imports of French products worth $2.4 billion….
U.S. vows 100% tariffs on $2.4 billion in imports from France over digital tax that would harm U.S. tech firms including Apple
The U.S. government on Monday said it may slap punitive duties of up to 100% on $2.4 billion in imports from France…
