Apple stock is increasing after US President Donald Trump announced a plan to stop most tariffs for a period of 90 days. Tariffs are immediately in hold in countries that have not implemented the anti -counter -tariff, which means that the stagnation does not apply to China, but it applies in other countries where apple suppliers act as India, Vietnam and Taiwan.
While Trump has stopped tariffs in most countries, he increased the tariff on upcoming Chinese goods to 125 percent, which was above 104 percent before today. 125 percent of tariffs are immediately effective, and this morning after China, tariffs on American goods have increased.
The tariff was stopped and today 11 percent of Apple Stock is five percent up, but the market is unstable with Trump’s tariff, and it can look down the front innings. It is not clear whether it was immediately clear whether the break did not apply to China.
Apple will still be affected by tariffs on goods coming from China, but a vengeance on tariffs of other countries will allow Apple to bring more devices to the US in the US in the way of additional fees. This stagnation applies to all high “mutual” tariffs which became effective today, although still 10 percent tariff.
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