May 14 (Reuters) - U.S. President Joe Biden on Tuesday unveiled a bundle of steep tariff increases on an array of Chinese imports including electric vehicles, computer chips and medical products, risking an election-year standoff with Beijing in a bid to woo voters who give his economic policies low marks. The U.S. expects a significant response from Beijing, Treasury Secretary Janet Yellen had said ahead of the tariffs. The following table lists S&P 500 companies that had among the largest China exposure in fiscal 2023: Company Sector Net sales in mainland China as a percentage of total revenue Corning Electronic 32.68% Equipment & Parts Albemarle Corp Specialty 30.00% Chemicals Intel Semiconductors 27.39% Applied Materials Semiconductor 27.00% Equipment & Testing Lam Research Corp Semiconductor 26.00% Equipment & Testing Amphenol Corp Electronic 23.00% Equipment & Parts Tesla Inc Auto & Truck 22.47% Manufacturers Borgwarner Inc Auto, Truck & 21.11% Motorcycle Parts Microchip Semiconductors 21.00% Technologies Texas Instruments Semiconductors 19.00% Inc Apple Inc Phones & 18.93% Handheld Devices Mettler-Toledo Medical 18.67% International Inc Equipment, Supplies & Distribution Keysight Electronic 18.40% Technologies Inc Equipment & Parts Dupont De Nemours Diversified 18.27% Inc Chemicals Source: Company filings (Reporting by Ananta Agarwal in Bengaluru; Editing by Sriraj Kalluvila)
Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
127.8 USD | +0.13% | +0.88% | -11.57% |
May. 21 | Scotiabank Downgrades Albemarle to Sector Perform From Sector Outperform, Price Target is $135 | MT |
May. 16 | Chile to open calls for preferential pricing on lithium in second half of 2024 | RE |
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
38,855 PTS | -0.11% | -0.55% | - | ||
1,455 USD | -1.69% | -4.39% | 31.6B | ||
971.3 USD | +0.07% | +0.75% | 127B | ||
221.3 USD | +0.19% | +0.69% | 183B | ||
199.6 USD | +0.21% | +0.30% | 181B | ||
190 USD | +0.01% | -1.23% | 2,913B | ||
176.8 USD | -1.39% | -5.28% | 572B | ||
142.5 USD | -1.09% | -2.65% | 25.14B | ||
134 USD | -1.66% | -1.05% | 81.83B | ||
127.8 USD | +0.13% | +0.88% | 15B | ||
98.82 USD | +0.60% | +3.17% | 52.74B | ||
82.09 USD | +1.20% | +3.23% | 33.92B | ||
35.94 USD | +0.70% | -1.53% | 8.13B | ||
35.85 USD | -1.19% | -1.73% | 31.08B | ||
31.06 USD | +1.11% | -2.14% | 131B | ||
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-11.57% | 15B | |
+0.88% | 50B | |
+21.10% | 42.94B | |
+26.93% | 27.25B | |
+9.54% | 19.34B | |
-2.65% | 16.7B | |
+7.54% | 16.1B | |
-25.63% | 15.65B | |
-17.62% | 14.12B | |
+15.88% | 11.01B |
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