The government has paused and reversed course on the matter more than once, causing days of stock market turmoil and leading to a wave of sell-offs in the $29 trillion U.S. Treasurys market. The report added that any relaxation of tariffs on Chinese imports would be a victory for companies like Microsoft and Apple, the latter of which makes most of its iPhones in China. “But crucially, only a sliver said they would do so immediately as their first response to the tariffs,” the PYMNTS Intelligence report “Tariffs and Business Uncertainty: The Current State of Play, March 2025” said.
Author: PYMNTS
Published at: 2025-04-13 21:51:43
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