Apple Stock Falls as Trump Tariffs Target Supply Chain

Quick Summary:

Apple CEO Tim Cook has said in the past that the United States is not able to compete with China and other countries when it comes to manufacturing due to a lack of skilled workers with expertise in advanced tooling.Apple stock is down 7.5 percent in after hours trading after the tariff announcements.

Apple's efforts to diversify its supply chain may have been for naught with the Trump administration's new tariffs that target multiple countries where Apple sources components for its iPhones, iPads, and Macs.

Apple has worked to move some of its manufacturing to countries like India, Vietnam, and Thailand, all of which are facing steep tariffs in addition to China and Taiwan.

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Article Details

Author / Journalist: Juli Clover

Category: Technology

Markets: United StatesChinaIndiaJapanMalaysiaTaiwanThailandVietnam

Topics: IPhone Apple Rumors IOS Mac IPad

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-02 @ 16:26:39 (1 days ago)

News Timezone: GMT +8:00

News Source URL: macrumors.com

Language: English

Article Length: 1169 words

Reading Time: 7 minutes read

Sentences: 48 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © MacRumors

News ID: 27550312

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