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Apple's China listed suppliers lose stocks after Trump unveils tariffs
China-listed Apple supplier stocks lost ground on Monday after US President Donald Trump threatened tariffs on imported iPhones. Shares in Luxshare which assembles iPhones and makes AirPods, fell 2.2% while Chinese mobile screen maker Lens Tech lost 1.8%. Airpod maker Goertek declined 1.1%.
Trump vs. Apple: How much will iPhones cost amid new threats of tariffs? What we know
Analysts project that tariffs could increase iPhone prices by up to 43%, potentially raising the cost of an iPhone 16 from $799 to $1142. President Donald Trump threatened new tariffs against Apple and the European Union on Friday morning.
The move to India is angering both Beijing, which wants the iPhone maker to maintain its manufacturing in China, and President Trump, who has continued to pressure Apple to move all of its ...
Patrick McGee’s “Apple in China” examines the company’s complex relationship with China and the lasting effects of that ...
In “Apple in China,” Patrick McGee argues that by training an army of manufacturers in a “ruthless authoritarian state,” the ...
Trump's proposed 25% tariffs on Apple products made outside the US could erode gross margins by up to 490bps, invalidating my ...
Chinese consumer electronics giant Xiaomi has launched a new electric SUV and debuted a self-designed smartphone chip, in a ...
The Trump administration and congressional officials have raised concerns about a deal to put a Chinese company’s artificial ...
SAN FRANCISCO (AP) — Unhappy that Apple intends to source nearly all of its U.S. iPhones from India, President Donald Trump ...
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