Apple, Chipmakers Soar Following News of Tariff Delay

An Apple Inc. iPhone XS Max, center, and iPhone XS smartphonesPhotographer: Daniel Acker/Bloomberg
Lock
This article is for subscribers only.

Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.

Apple Inc. shares spiked on Tuesday after the U.S. delayed a 10% tariffBloomberg Terminal on certain Chinese imports, including such technology products as cell phones and laptop computers.