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<Research>M Stanley: US 10% Tariff Hike on CN Expected to Trim EPS of US IT Hardware Firms by 2.5% on Avg.
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Morgan Stanley released a research report on US-China trade war. While US trade policy may remain volatile under the leadership of President Donald Trump, the new tariff policy will expose US IT hardware companies to a modest increase in input costs for importing goods. Morgan Stanley estimated that a 10% tariff hike on China will reduce EPS of US IT hardware companies by an average of 2.5%. AAStocks Financial News |
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