US imposes its latest, 15% tariff on $112 billion China goods; there could be more in December
On Sunday, the U.S. kicked off its latest round of tariff on China goods.
The U.S.is imposing 15% tariff rate on a range of imports from China, including footwear, smart watches and flat-panel televisions - which are largely consumer goods. As part of this fresh round of levies, tariffs on $112 billion worth of Chinese goods have already been slapped on Sunday, with plans to impose duties on another $160 billion in mid-December.
The tariffs prior to Sunday’s announcement were more focused on intermediate inputs like industrial components.
According to the American Apparel and Footwear Association, 91.6% of Chinese apparel imports will be affected by the new round of tariffs, while 68.4% of home textiles and 52.5% of footwear would be hit as well.
The remainder of the tariffs on China, planned for December, are expected to include cell phones and laptops as well.
However, U.S. President Donald Trump has indicated that U.S. negotiations/talks with China are still underway, such as their scheduled meetings in September. The U.S. administrators are splitting up the tariff impositions apparently to mitigate the cost effect on during holiday shopping season.
SPY's RSI Oscillator recovers from overbought zone
The 10-day RSI Indicator for SPY moved out of overbought territory on June 11, 2025. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 45 instances where the indicator moved out of the overbought zone. In of the 45 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 67 cases where SPY's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for SPY turned negative on May 28, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 53 similar instances when the indicator turned negative. In of the 53 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SPY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 03, 2025. You may want to consider a long position or call options on SPY as a result. In of 68 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SPY advanced for three days, in of 366 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 435 cases where SPY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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