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Apple drives Wall Street higher as U.S. delays some tariffs

Reuters Tuesday, 13 August 2019 ()
Apple drives Wall Street higher as U.S. delays some tariffsU.S. stocks surged more than 1.5% on Tuesday after the Trump administration said it would delay 10% tariffs on some Chinese products, including laptops and cell phones, driving a 4% rally in shares of iPhone maker Apple Inc.
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News video: Wall Street surges on tariff delay

Wall Street surges on tariff delay 01:37

U.S. stocks rallied on Tuesday after the Trump administration delayed imposing a 10% import tariff on laptops, cell phones, video game consoles and some other products made in China that had been scheduled to start next month, in an abrupt pull-back from a hardline stance on Chinese trade. Yahaira...

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