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China Tariff De-Escalation Biggest Winners Include Tesla, Apple: 'New Tech Highs Back On The Table Now For 2025'

Benzinga LogoBenzinga20h ago

China Tariff De-Escalation Biggest Winners Include Tesla, Apple: 'New Tech Highs Back On The Table Now For 2025' - Benzinga

Quick Summary:

An agreement by the U.S.and China to lower tariff amounts could send technology stocks to new highs, according to a well-known sector analyst.What Happened: The U.S.is lowering its tariff on goods imported from China from 145% to 30%, while China has agreed to lower its tariff on U.S.goods from 125% to 10%.

The Big Winners: Ives highlighted Apple Inc (NASDAQ:AAPL) as one of the biggest winners in the technology sector on the heels of the tariff news.

Ives said tariffs have been the front and center story for Apple with the company hedging and saying it would shift production to India.


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Article Details

Author / Journalist: Chris Katje

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-12 @ 18:49:51 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 695 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 28628301

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About Benzinga

Benzinga Logo

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 24 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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