Apple stock soars on news of US-China tariff deal

9to5Mac
By Benjamin MayoMay 12, 2025, 9:43 am210 pts
Apple stock soared almost 6% at market open today, following the announcement of an easement of US tariffs on China. The countries agreed over the weekend to cut reciprocal tariffs from 125% to 10%. However, the deal is set to expire in 90 days as talks over a longer-term resolution continue. Naturally,…

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