Tariff Delay is Big Win for Apple and Other Tech Companies

Tariff Delay is Big Win for Apple and Other Tech Companies

5 years ago
Anonymous $ZuTig1gZkQ

https://wccftech.com/tariff-delay-is-big-win-for-apple-and-other-tech-companies/

The announcement today that the United States would wait until December to raise tariffs on China sent chipmaker stocks up across the board.

The trade ware between the United States and China has only seemed to get worse between the two countries in the last 12 months. Initially, it was part of President Trump’s campaign to keep jobs within the United States by accusing China of unfair practices including currency fixing. The tariff impositions began early 2018 with solar panels and washing machines made in China; a year and a half later and escalations have affected every industry from agriculture, steel and aluminum and most importantly to this article consumer electronics.