Reported 2 days ago
Apple Inc. narrowly escaped a major crisis following President Trump's exemption of various consumer electronics from steep tariffs imposed on Chinese goods. The previous threat of a 125% tariff on Apple products could have severely disrupted its supply chain and led to significant price increases. With the exemption for items like iPhones and iPads, Apple is relieved for now, although concerns about future policy shifts and possible retaliation from China remain.
Source: YAHOO