AAPL crumble: stock hit again, as White House clarifies 145% China tariff rate
After a brief respite on Wednesday, Apple's stock restarted its downward trajectory triggered by President Trump's accelerating tariff battle with China.
After a brief respite on Wednesday, Apple's stock restarted its downward trajectory triggered by President Trump's accelerating tariff battle with China.
In a press gaggle, President Donald Trump said that some companies that have been hit the hardest by the blockbuster tariffs applied by the administration may get some relief — and nobody has been or will be hit harder than Apple.
After multiple painful days, Apple stock has finally enjoyed some recovery, finishing the day up after President Trump delivered a mixed message for the iPhone maker on the tariff situation.
Apple's stock has regained some of its losses after the announcement of a 90-day pause on some new tariffs, while the tariff on imports from China to the U.S. has been jacked up to 125%.
Apple's stock will face another tumultuous day as markets fear China's and the European Union's reciprocal tariff increases could get another Trump reaction.
The United States is now applying 104% import tariffs against goods imported from China, that will eventually make all Apple hardware dramatically more expensive.
President Trump believes iPhone manufacturing could shift to the US very quickly. He's wrong — it won't happen during his term, if it happens at all.
The never-ending talk of tariffs has people rushing to buy the best iPhone that they can afford now before it becomes significantly more expensive.
After a rush-job getting tons of iPhones to the US from India just before a trade deadline, Apple may be considering getting more of its US supply from the country to pay less in tariffs than it would if it imported the devices from China.
Donald Trump's so-called "Liberation Day" has become a potentially expensive event for Apple, as tariffs are applied against imports from every foreign country in the Apple supply chain.
Three senators have warned President Donald Trump that his handling of the TikTok ban puts Apple and other tech companies at risk of liability, potentially costing firms hundreds of billions of dollars.
During a shareholders' meeting on Tuesday, Apple CEO Tim Cook explained that the company might have to alter its DEI program policies as the US legal landscape shifts.
Conspiracy theorists believe Apple may have coded speech-to-text to briefly showing "Trump" when the word "racist" is said. That's not true, but there's a reason that it's happening.
Apple CEO Tim Cook met with President Donald Trump on Thursday morning, likely to discuss the import tariff situation and US manufacturing.
The Trump tariffs could financially hit Apple's chip production partnership with TSMC, after the President insisted the import taxes will be applied to semiconductors and other specific industries in the near future.
Big tech CEOs, including Tim Cook, have taken to social media to offer congratulations to President Trump, and to restate a commitment to contributing to growth, innovation, and jobs in the United States.
Apple CEO Tim Cook and many other big tech CEOs have been spotted at one of Monday's inauguration events that heralds Donald Trump becoming President of the United States for the second time.
Apple may not have donated directly, but CEO Tim Cook joined other big tech companies in donating $1 million to Trump's inauguration fund, and senators have concerns about corruption.
The inbound Trump administration insists that TikTok will avoid a ban, but the long-term prospects of the social media app staying alive hinge on there being a deal for divestiture to a US company.
Apple CEO Tim Cook will join other big tech executives at the inauguration as they seek to avoid being targeted by incoming regulation and tariffs.
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