White House Calls On China To Be More Transparent On iPhone Curbs
Portfolio Pulse from Benzinga Newsdesk
The White House has called on China to be more transparent about its restrictions on iPhone imports and sales. This comes amid ongoing trade tensions between the U.S. and China.
September 13, 2023 | 5:59 pm
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NEGATIVE IMPACT
Apple Inc. could face challenges in one of its largest markets due to China's restrictions on iPhone imports and sales.
China is a significant market for Apple, and any restrictions on iPhone imports and sales could negatively impact the company's revenue and stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
The iShares China Large-Cap ETF (FXI) could be affected by the ongoing trade tensions between the U.S. and China.
The ETF, which tracks large Chinese companies, could be affected by the ongoing trade tensions and potential economic fallout.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60
NEGATIVE IMPACT
The SPDR S&P 500 ETF (SPY) could see some volatility due to the ongoing trade tensions between the U.S. and China.
As a broad market ETF, SPY could be affected by any major geopolitical events, including trade tensions between the U.S. and China.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50