The tech giant's iPhones and laptops are assembled in the country and would have been subject to a 10% tariff to be shipped to America, a cost that could have been passed on to consumers.
Trump on Tuesday decided to scale back how far a fresh round of levies would stretch on goods coming from China.host said. "Apple has been a total flashpoint within the White House because they're caught between both countries. ... Plus, they've built a whole ecosystem of job creation in the software space in both countries."
Cramer said investors must understand what companies truly benefit from the tariff delay and find opportunities to buy shares on a pull back. Trump threatened to put another 10% tariff on the remaining $300 billion of untaxed Chinese imports on Sept. 1. He signaled that he would hold off on new levies on some imports until Dec. 15.
Here is your chance to get in on the stock market like I did. +FREE Stock & trades. **Top FREE Finance App in the Google Play/Apple Store** Join Robinhood and we'll both get a stock like Apple, Ford, or Sprint for free. Make sure you use my link.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Apple spikes after Trump administration delays China tariffs on electronics until DecemberThe delay on the tariffs until Dec. 15 eases concerns about the Christmas shopping season. Lol When is someone going to admit that Trump is illegally manipulating the stock market? For his own political gain and maybe even monetary gain. Electronics will cost even more during Christmas this year. 🙄
Source: CNBC - 🏆 12. / 72 Read more »
The 'fear gauge' shows the market could be headed for 'choppy waters,' Jim Cramer says'The averages haven't really digested these latest gains, and like we saw last week, big moves higher can result in some serious stock market reflux,' he says. You don’t say. Probably will get worse next year during election season.
Source: CNBC - 🏆 12. / 72 Read more »
Cramer: Trump's tariff delay short squeezed stocks to spark a rallyTrump gave the market a boost when it seemed like 'everything is falling apart and the stock market's about to roll over,' Jim Cramer says. jimcramer lost it! He became Mr. Captain Obvious and a Trump pleaser! We are witnessing a failed presidency in real time. He is not well. As long as he’s at the helm, U.S. will not be well. It will take a decade to recover because of his economic antics. Is he manipulating the stock market ?
Source: CNBC - 🏆 12. / 72 Read more »
Scaramucci compares Trump to Chernobyl nuclear disaster, says GOP may need to replace Trump for 2020'We are now in the early episodes of 'Chernobyl' on HBO,' Anthony Scaramucci said on Sunday. 'The reactor is melting down and the apparatchiks are trying to figure out whether to cover it up or start donaldtrump is an antichildbigot racistinchief rapistinchief bananarepublican MangoMussolini orangepieceoffeces downwithputin puckfutin Sorry Newsweek, this is not a credible source. It’s just another, now apostate,Trump enabler. Get to work and give me some real news for a change. DumpTrump This dudes 15 minutes were up quite a while back
Source: Newsweek - 🏆 468. / 52 Read more »
Cramer: Hong Kong protests 'more serious' than US-China trade war for global marketsThe White House issued a statement this morning about the protests in Hong Kong saying 'this is between Hong Kong and China.' What? Yeh right. They have people over there from the State Dept right in the big middle of it. The deep state is doing its thing like what they did in Ukraine. But they are no match to China soon it will back fire at the US
Source: CNBC - 🏆 12. / 72 Read more »
Possible Trump challenger Mark Sanford would vote for Trump over BidenFormer Governor and Congressman Mark Sanford is mulling a challenge to President Trump next year for the Republican nomination. But he also says that in a potential matchup between former Vice President Joe Biden and Trump, he’d pick Trump. Then he’s no better. DumptheTrumps Then what good is he
Source: MSNBC - 🏆 469. / 51 Read more »