New Tariffs Comments Could Cause Stock Turmoil Again

Heading into the weekend, on April 11, the U.S. released an updated list of products that they said won't be subject to "reciprocal" tariffs from China, including smartphones, computers and electronic chips. That exemption list included items that the U.S. needs from overseas production for inexpensive electronics, with not much domestic manufacturing capacity available and a high demand from U.S. consumers.

This likely made tech-heavy companies such as Apple and Nvidia breathe a sigh of relief...