Thursday, December 12, 2019

Apple Avoids iPhone Tariffs as U.S. and China Reach Trade Deal

Apple won’t be hit with hefty tariffs on the iPhone, iPad, and MacBooks as U.S. President Donald Trump this afternoon signed off on a trade deal with China. Speaking in a note to investors shared by Bloomberg, Wedbush Securities analyst Dan Ives said that the new tariffs could have added approximately $150 to the price of iPhones during the holiday season. “Trump delivered an early Christmas

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