Apple Inc. dodged stinging duties on its smartwatches and wireless earbuds after the U.S. excluded those gadgets from tariffs on $200 billion in Chinese goods, though the tech giant still faces retaliatory measures being weighed by China that could strike iPhone production there. The trade tensions are rattling companies in a range of industries, but Apple’s heavy dependence on the U.S. and China makes it especially vulnerable as the world’s two largest powers escalate their economic feud.
Read the article: The Wall Street Journal