Trump tariffs threaten Apple's supply chain, stock suffers steepest drop in 5 years
Publishing timestamp: 2025-04-03 19:41:14
Summary
Apple's strategy to diversify its manufacturing from China is now in jeopardy due to President Trump's new tariffs on countries like India, Japan, South Korea, Taiwan, Vietnam, and Malaysia. This has led to a significant decline in Apple's stock price and could potentially result in price increases of 17% to 18% across its product lines in the U.S. Apple's resistance to manufacturing in the U.S. may also impact its earnings and margins.
Sentiment: NEGATIVE
Tickers: AAPL,
Keywords: breaking news: technology, china, donald trump, mobile, apple inc, vietnam, india, united states, technology, iphone, business news, business,
Source: https://www.cnbc.com/2025/04/03/trump-tariffs-will-impact-apples-non-china-supply-chains.html