Apple plummets on Trump tariffs
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BGR |
Apple will have to focus on increasing its production in India and Vietnam so it doesn’t have to raise its products’ price while also not lowering too much its margin of profit.
Forbes |
The tariffs hit nearly all of Apple’s global production hubs, potentially driving up landed costs for iDevices in the U.S. and squeezing margins.
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Apple Inc. is finding itself squarely in the crosshairs of President Donald Trump’s new tariffs, even after a yearslong effort to insulate the iPhone maker from trade wars and supply chain disruptions.
Shares of tech giant Apple (AAPL) are plunging in today’s trading after President Donald Trump announced new “Liberation Day” tariffs that