Apple hits an all-time high as China and the US reach a phase one trade deal (AAPL)
|12/13/2019||Posted by BusinessMediaguide.Com under General World News||
- On Friday, the US and China reached a phase one trade deal that includes some relief from tariffs, such as doing away with a planned December 15 tax.
- Shares of Apple rose as much as 1.3% Friday to a new high.
- Apple would’ve been hit by the proposed December 15 tariffs, which would’ve added 15% to prices of some of its most popular products including the iPhone.
- Watch Apple trade live on Markets Insider.