Apple stock decline due to China tariffs
Apple stock dropped 4% following China's announcement of reciprocal tariffs in response to Trump's trade policies. The decline adds to the 9% plunge from the previous day, erasing $300 billion from Apple's market value. Analysts warn of difficult choices ahead for Apple due to increased tariffs.
Key Points
- Apple stock dropped 4% following China's announcement of reciprocal tariffs
- 9% plunge from the previous day erased $300 billion from Apple's market value
- Analysts warn of difficult choices ahead for Apple due to increased tariffs