Apple's value has been highest in history as US and Chinese affairs improve
Apple's value has been highest in history as US and Chinese affairs improve
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Apple's value has been highest in history as US and Chinese affairs improve |
Apple has benefited from the news of a new trade agreement between the United States and China. This led to Apple's share of the highest in the history of 237.64. Apple's value has risen to $ 1.07 trillion by a 2.8% increase in share price. If a trade agreement is signed in the US and China, it will benefit Apple in many ways.
This will significantly reduce tariffs on products made in China.
Most of Apple's products are made in China and shipped to the United States.
This tariff has to be paid to US companies and US consumers, China does not pay the US a cent in this regard. US companies receive extra tariff payments from consumers. In the event of an agreement between China and the US, Chinese consumers will once again be able to buy the iPhone.
Apple designs its products in the United States, but it is produced in China by companies like Foxconn, PegaTron, and Restaurant. Apple's products are currently taxed at 10 to 25 percent.
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