That is the U.S.’s effective tariff on China, with the deal announced after a weekend of negotiations, according to Evercore ISI. That figure includes levies in place before President Trump took ...

as Trump did with the leaders of Canada and Mexico on Monday. Trump’s 10% tariffs on China went into effect, and Beijing has announced retaliatory measures.

Apple has been working to move manufacturing for the US market from China to relatively less-tariffed India, to which Trump has threatened them with a 25% penalty rate if they don't bring ...