The Trump administration has just announced new tariffs for seemingly every region in the world and Apple shares have gone into freefall since.
It’s finally happened: the Trump administration has announced tariffs that are being applied to seemingly every region in the world. Despite Apple CEO Tim Cook’s efforts in recent months to protect his company from these tariffs, Apple shares have fallen by a whopping 7.9 percent since the announcement.
The newly drafted tariff plan is brutal for Apple because it targets every country that the company manufactures its products in.
