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Trump's Targeting Of Apple Isn't Random — Analyst Says It's A Calculated Move For Maximum Political Gain
Apple Inc. (NASDAQ:AAPL) isn't a company usually associated with national security, but it is in the crosshairs of President Donald Trump, now an expert has given his take on the situation.What Happened: On Friday,
Reports say Trump hit Apple with surprise tax after Tim Cook refused to join presidential trip to Middle East
Donald Trump threatened Apple with a 25% tariff on iPhones made outside the U.S., reportedly triggered by Tim Cook's absence from Trump's Middle East trip. Trump publicly acknowledged Nvidia's CEO Jensen Huang's presence while pointedly noting Cook's absence.
Apple Stock Is On An 8-Day Losing Streak As Trump Trade Fracas Intensifies—Watch These Levels
Key Takeaways Apple shares fell sharply to close out last week after President Trump threatened to impose hefty tariffs on the company if it doesn't manufacture iPhones in the U.S.The stock has closed lower for eight consecutive sessions and has lost 22% of its value since the start of the year,
Despite Trump's Warning To Tim Cook, Apple Moves Ahead With $1.5 Billion India Expansion Via Foxconn To Boost iPhone Production: Report
Apple Inc. (NASDAQ:AAPL) is reportedly pushing forward with a major supply chain expansion in India through its top manufacturing partner, Foxconn, also known as Hon Hai Precision Industry Co. Ltd. (OTC:HNHAF).
Trump warns Apple and Samsung that 25% smartphone tariffs could land in June
While speaking to the media later that day, Trump clarified that the tariff would apply to any company selling foreign-made phones in the U.S., not just Apple. The president said
Even with a 25% tariff, iPhones would be cheaper to make abroad than U.S., says Morgan Stanley
Even were President Donald Trump to go ahead with his threat to slap a 25% tariff on foreign-made iPhones, it would still be cheaper for Morgan Stanley to produce its iconic phone abroad than in the U.
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