These 20 stocks could be the big winners from the China trade truce – including Apple and Nvidia

6 Hours Ago | 03:55The three-month cease-fire in the trade war should offer a reprieve for United States companies that produce and sell in China. President Donald Trump and Chinese President Xi Jinping struck the agreement on Saturday to pause as tariff negotiations continue for 90 days starting in January. Here are the top 20 U.S. companies with the highest revenue exposure to China, according to Goldman Sachs, which used data from 2017. Bernstein analyst Toni Sacconaghi estimated about 25 per


6 Hours Ago | 03:55The three-month cease-fire in the trade war should offer a reprieve for United States companies that produce and sell in China. President Donald Trump and Chinese President Xi Jinping struck the agreement on Saturday to pause as tariff negotiations continue for 90 days starting in January. Here are the top 20 U.S. companies with the highest revenue exposure to China, according to Goldman Sachs, which used data from 2017. Bernstein analyst Toni Sacconaghi estimated about 25 per
These 20 stocks could be the big winners from the China trade truce – including Apple and Nvidia Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-03  Authors: michael sheetz
Keywords: news, cnbc, companies, truce, tariff, 20, sell, china, big, companies, including, trump, winners, revenue, chinese, trade, xi, week, nvidia, stocks, apple


These 20 stocks could be the big winners from the China trade truce – including Apple and Nvidia

Are the markets overreacting to the trade truce? 6 Hours Ago | 03:55

The three-month cease-fire in the trade war should offer a reprieve for United States companies that produce and sell in China.

President Donald Trump and Chinese President Xi Jinping struck the agreement on Saturday to pause as tariff negotiations continue for 90 days starting in January.

Here are the top 20 U.S. companies with the highest revenue exposure to China, according to Goldman Sachs, which used data from 2017.

Goldman’s list is filled with companies in the semiconductor industry, such as Nvidia and Intel. Many chipmakers sell to manufacturers in China.

Apple’s supply chain in China has also been under scrutiny. The tech giant’s stock fell last week after Trump suggested the U.S. might put a 10 percent tariff on iPhones because of their Chinese components. Bernstein analyst Toni Sacconaghi estimated about 25 percent of Apple’s revenue would be subject to such a tariff.

Trump crowed about the meeting with Xi in a tweet on Monday, saying “relations with China have taken a BIG leap forward!”


Company: cnbc, Activity: cnbc, Date: 2018-12-03  Authors: michael sheetz
Keywords: news, cnbc, companies, truce, tariff, 20, sell, china, big, companies, including, trump, winners, revenue, chinese, trade, xi, week, nvidia, stocks, apple


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