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Apple shares poised to reclaim $200 on US-China trade deal boost
short by / on Monday, 12 May, 2025
Apple stock is back on investors' radar after Washington and Beijing confirmed a 90-day suspension of reciprocal tariffs following weekend trade talks in Switzerland. Its shares were under pressure over the impact of Trump tariffs. Apple confirmed at its second-quarter earnings call that the China tariffs will shave $900 million off its bottom line.
read more at Stockwits