The United States will spare Apple Inc’s Watch and other consumer gadgets from the latest round of tariffs on Chinese goods, according to a list of products released by the U.S. Trade Representative (USTR) on Monday.
U.S. stock futures dropped and Asian shares are expected to come under renewed pressure on Tuesday after U.S. President Donald Trump said he will impose 10 percent U.S. tariffs on about $200 billion worth of Chinese imports.
U.S. stock index futures extended losses in post-market trading late Monday after President Trump announced a new round of tariffs on about $200 billion worth of Chinese imports.
Both companies are renowned for their heady and fast-growing dividends. But which income investment is better? …read more […]
U.S. stock index futures extended losses in post-market trading late Monday after President Trump announced a new round of tariffs on about $200 billion worth of Chinese imports. Trump said he will impose 10 percent U.S. tariffs on about $200 billion worth of Chinese imports but he spared smart watches from Apple (AAPL.O) and Fitbit (FIT.N). S&P 500 e-mini futures (EScv1) were down 0.3 percent in trading for the overnight session. …read more […]
U.S. President Donald Trump said on Monday he will impose 10 percent U.S. tariffs on about $200 billion worth of Chinese imports, but he spared smart watches from Apple and Fitbit Inc and other consumer products such as bicycle helmets and baby car seats.
The administration’s proposal for the tariffs on $200 billion of products drew protest from technology companies earlier this year, but the final list of taxed devices described by the official avoids many big consumer brand names and products. Smart watches and devices that use bluetooth wireless communications, the technology behind Apple’s AirPods and other products that work with smartphones, will be excluded from the new tariff list. …read more […]
U.S. President Donald Trump said on Monday he will impose 10 percent U.S. tariffs on about $200 billion worth of Chinese imports, but he spared smart watches from Apple and Fitbit Inc and other consumer products such as bicycle helmets and baby car seats. Collection of tariffs on the long-anticipated list will start September 24 but the rate will increase to 25 percent by the end of 2018, allowing U.S. companies some time to adjust their supply chains to alternate countries, a senior administration official said. …read more […]
The administration’s proposal for the tariffs on $200 billion of products drew protest from technology companies earlier this year, but the final list of taxed devices described by the official avoids many big consumer brand names and products. Smart watches and devices that use bluetooth wireless communications, the technology behind Apple’s AirPods and other products that work with smartphones, will be excluded from the new tariff list. …read more […]
The United States will spare Apple Inc’s Watch and other consumer gadgets from the latest round of tariffs on Chinese goods, a senior administration official said in a last-minute reprieve for the technology industry on Monday.
Consumer Technology Association president and CEO Gary Shapiro said on Monday he appreciated some consumer connected devices being removed from the Trump administration’s latest tariff list on $200 billion worth of Chinese products.
U.S. President Donald Trump said on Monday he will impose 10 percent U.S. tariffs on about $200 billion worth of Chinese imports, but he spared smart watches from Apple and Fitbit Inc and other consumer products such as bicycle helmets and baby car seats.
Shares of Oracle fell 4 percent to $47.30 in extended trading as the company’s biggest unit, which houses its cloud services business, also reported disappointing sales. Revenue in its cloud services and license support business rose 3.2 percent to $6.61 billion, falling short of the average analyst estimate of $6.71 billion, with the co-Chief Executive Officer Safra Katz attributing the miss to a strong dollar. Oracle is a late entrant to the cloud business and has been playing catch up with rivals, including Amazon.com Inc (AMZN.O), Microsoft Corp (MSFT.O) and Salesforce.com Inc (CRM.N). …read more […]
Shares of Oracle fell 4 percent to $47.30 in extended trading as the company’s biggest unit, which houses its cloud services business, also reported disappointing sales. Revenue in its cloud services and license support business rose 3.2 percent to $6.61 billion, falling short of the average analyst estimate of $6.71 billion, with the co-Chief Executive Officer Safra Katz attributing the miss to a strong dollar. Oracle is a late entrant to the cloud business and has been playing catch up with rivals, including Amazon.com Inc (AMZN.O), Microsoft Corp (MSFT.O) and Salesforce.com Inc (CRM.N). …read more […]
Shares of Oracle fell 4 percent to $47.30 in extended trading as the company’s biggest unit, which houses its cloud services business, also reported disappointing sales. Revenue in its cloud services and license support business rose 3.2 percent to $6.61 billion, falling short of the average analyst estimate of $6.71 billion, with the co-Chief Executive Officer Safra Katz attributing the miss to a strong dollar. Oracle is a late entrant to the cloud business and has been playing catch up with rivals, including Amazon.com Inc (AMZN.O), Microsoft Corp (MSFT.O) and Salesforce.com Inc (CRM.N). …read more […]
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