Apple shares surge after Trump delays tariffs

Source: The Hill | August 13, 2019 | Harper Neidig

The Trump administration’s decision to hold off on imposing tariffs on certain Chinese goods sent Apple’s stock price surging Tuesday morning.

Apple’s shares shot up nearly 5 percent after the announcement before leveling off up around 4 percent.

The Office of the U.S. Trade Representative announced earlier that it would delay tariffs on goods like “cell phones, laptop computers, video game consoles, certain toys, computer monitors and certain items of footwear and clothing” until Dec. 15.

The office also said that it would release a list of goods that would be exempted from the 10 percent tariff that goes into effect on Sept. 1.

……..

Viewing 2 posts - 1 through 2 (of 2 total)
  • Discussion
  •  Consistent #31228

     ConservativeGranny #31229

    So whatever is happening with our retirement funds is not a concern. This is only for the benefit of those who want to buy expensive toys for Christmas?

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.