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2026-02-23 11:19:50 Citi Research, in its report, said that the US Supreme Court had recently ruled that the reciprocal tariffs imposed by US President Donald Trump under the International Emergency Economic Powers Act (IEEPA) were unconstitutional, thus overturning them. Subsequently, Trump signed a new executive order imposing a 10% "global tariffs" on all imported goods under Section 122 of the Trade Act of 1974, with plans to increase the rate to 15% on February 21. The broker believed that the diversification strategy of US Original Equipment Manufacturers (OEMs) will not change as a result, so the impact of tariffs on the China supply chain of Apple (AAPL.US), NVIDIA (NVDA.US), and major Cloud Service Providers (CSPs) (the four major US CSP giants include Amazon AWS, Microsoft Azure, Google Cloud, and Meta) will be manageable and will gradually lessen. ~ AASTOCKS Financial News Website: www.aastocks.com | |