Apple stock is up nearly 2% on Monday, rebounding slightly from the 4.6% loss incurred during Friday’s trading.
Apple (NASDAQ:AAPL) stock took a hit on Friday in the latest development in Trump’s Trade War with China. President Trump declared that the US would impose further tariffs of 10% on Chinese imported products, specifically cell phones and laptops, from December. The 10% tariff will apply to $300 billion USD worth of goods imported from China, where the majority of Apple’s manufacturing operations are based.
However, President Trump claimed at the G7 summit in Geneva that ...
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