Reported 24 days ago
As Donald Trump's new tariffs take effect, including a significant 25% tax on India for Russian oil purchases and proposed increases on China, market sentiment remains positive due to exemptions for U.S.-producing companies. Apple's CEO Tim Cook announced a substantial $100 billion investment in U.S. manufacturing during this period, indicating a potential boost for the tech industry amid rising tariffs on semiconductors. Optimism is also supported by speculation of a truce in the Russia-Ukraine war and possible Federal Reserve rate cuts.
Source: YAHOO