By Jiahui Huang

Shares of Apple suppliers in Asia are recovering on Monday after some electronics products including Apple's iPhone received a reprieve-for now, at least-from President Trump's global tariffs.

In Taiwan, shares of Foxconn Technology-a major contract manufacturer for Apple-closed 3% higher. In Hong Kong, iPad assembler BYD Electronic was up nearly 2%. Though Trump said there won't be any exemptions on tariffs and the tech products are simply moving to a different tariff bucket, Wedbush analysts said the White House was showing some flexibility and prospects were more positive "relative to a dark situation the last 10 days."

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(END) Dow Jones Newswires

April 14, 2025 02:49 ET (06:49 GMT)

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