Apple’s stock has taken a major hit, dropping 7% after the U.S. announced new tariffs on Chinese imports. With China being a key manufacturing hub for Apple, these tariffs could significantly impact production costs, profit margins, and consumer prices. Analysts predict that if Apple doesn’t receive an exemption, its overall gross profit margin could decline by 9%.
In this video, we break down how these tariffs affect Apple, what it means for the tech industry, and how investors are reacting to the news. Stay tuned for expert analysis on the impact of these trade policies and what’s next for Apple and the broader market.
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Apple’s Stock Plunges 7% Amid New U.S. Tariffs on China #TradeWar #apple Part 1
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