Shares of virtually every major Silicon Valley company fell Monday after China promised to raise tariffs on $60 billion worth of American imports — the latest move in President Trump’s escalating trade war, which threatens to cut into corporate profit margins and raise consumer prices. Read More...
Apple, other Silicon Valley stocks hammered as U.S.-China trade war escalates
Shares of virtually every major Silicon Valley company fell Monday after China promised to raise tariffs on $60 billion worth of American imports — the latest move in President Trump’s escalating trade war, which threatens to cut into corporate profit margins and raise consumer prices.
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