tariffs

iPhone Prices Could Rise 20% Under Trump’s Plan

iPhone Prices Could Rise 20% Under Trump’s Plan

iPhone prices will rise significantly if Apple Inc.(NASDAQ: AAPL) assembles the smartphone domestically, according to Bank of America Merrill Lynch.On Saturday, President Donald Trump tweeted Apple should manufacture its products in the U.S. to avoi..

U.S. Stocks Fall From Record High As Trade Tension Continues

U.S. Stocks Fall From Record High As Trade Tension Continues

U.S. Stocks fell on Thursday after a report said President Donald Trump is backing to impose new tariffs on USD 200 Billion Chinese goods.Major stock indexes ended a four-day wining streak Thursday. The Dow Jones Industrial Average fell 137 points. ..

China to Impose Additional USD 16 Billion in Tariffs on U.S. Goods

China to Impose Additional USD 16 Billion in Tariffs on U.S. Goods

China is imposing another 25% tariff on an additional USD 16 Billion worth of U.S. goods such as fuel, steel products, and auto and medical equipment, said the Chinese Commerce Ministry. The tariffs are set to take effect beginning August 23rd, the ..

Tesla Plan to Build Factory in China and Potential Dilemma

Tesla Plan to Build Factory in China and Potential Dilemma

Tesla Inc. (NASDAQ: TSLA) plans to build a new factory in China with the capacity to manufacture 500,000 electric vehicles per year. However, the factory and assembly line will take up to two years to build, according to a Tesla spokesperson.McKinse..

China to Cut Auto Import Tariffs

China to Cut Auto Import Tariffs

China announced to make massive cut to auto import tariffs, a move to further open up the world’s largest auto market to international auto makers.China’s Finance Ministry said it will cut import tariffs on some of the vehicles to 15 per..

U.S. Stocks Climbed After Chinese Chairman Xi Eases Trade Fears

U.S. Stocks Climbed After Chinese Chairman Xi Eases Trade Fears

U.S. stocks rose on Tuesday after Chinses Chairman Xi Jinping eased concerns about the trade war which has caused panic in the market recently. Reportedly, The Dow Jones Industrial Average rose 369 points, or 1.5%, to 24348. The S&P 500 climbed ..

US Stock Markets and Earnings Influence

US Stock Markets and Earnings Influence

Come April second week, the stock markets will be influenced by corporate revenues, management, and profits. This will make a break from the long-time influencers like big technology and trade tensions. The first off the block will be JP Morgan Chas..