Trump Tariffs Reprieve Can’t Mask Recession Fears. Why Stock Markets Shouldn’t Cheer Yet and 4 Other Things to Know Today. - Barron's
1. Smartphones are currently exempt from U.S. tariffs, except for one type. 2. Trump's statement raises concerns about future tariffs on electronics. 3. Concerns over potential tariffs may harm consumer demand for iPhones. 4. Analysts express uncertainty amidst economic downturn and trade war disruptions. 5. Recession fears could affect overall spending and AAPL sales forecasts.