Apple lost more than $250 billion in market value Thursday, with shares down as much as 8.5% as a result of President Donald Trump’s tariff spree.
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those million dollar inauguration fund ‘donations’ are really paying off for our oligarchs
If this was just tariffs on China it probably wouldn’t have hurt Apple as much. They manufacture devices and parts in a number of countries. But no, the Trump administration has pretty much tariffed anything made outside of the 50 states.
So much winning! /s
Good!
Not really sure how that’s good. It’s bad for Apple and bad for everyone.
Biden had a much more intelligent way of bringing manufacturing to the US.
Bad for apple is good for everyone else.