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Dan Ives: China Tariff Truce Revitalizes Bull Case for Apple as Half of User Base Approaches Upgrade Cycle

The company has a huge manufacturing base in the giant Asian nation. Among the many tech companies that rely on Chinese manufacturing, none is better placed to benefit from the recent thaw in that country's tariff war with America than Apple (NASDAQ: AAPL). In mid-May, the White House announced that it and China agreed to drastically reduce certain tariffs and pause others.