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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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
those million dollar inauguration fund ‘donations’ are really paying off for our oligarchs
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.