(Bloomberg) -- President Joe Biden’s administration is poised to unveil a sweeping decision on China tariffs as soon as next week, one that’s expected to target key strategic sectors with new levies while rejecting the across-the-board hikes sought by Donald Trump, people familiar with the matter said.Most Read from BloombergBiden Set to Hit China EVs, Strategic Sectors With TariffsAckman Scolded Over DEI Views at Closed-Door Milken SessionApple Apologizes for iPad Pro Ad, Scraps Plan to Air It
Apple faces plenty of challenges this year including regulatory scrutiny in Washington, sluggish sales in China and a competitive landscape in AI. Now its leaders also have to contend with labor unrest.
Biden set to unveil tariffs on China electric vehicles, says report, stock buybacks outpace last year and are expected to keep rising, and other news to start your day.