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BTCC / BTCC Square / Global Cryptocurrency /
Apple Stock Slumps 7% Amid Trump’s iPhone Tariff Threat

Apple Stock Slumps 7% Amid Trump’s iPhone Tariff Threat

Author:
Global Cryptocurrency
Published:
2025-05-23 16:46:02
11
3

Apple Inc. shares dropped 7.24% over five days as former President Donald TRUMP escalated trade tensions with a proposed 25% tariff on iPhones manufactured outside the U.S. The sell-off accelerated after Trump specifically targeted India-made devices, pressuring Apple to relocate production stateside.

Market uncertainty deepened as analysts projected up to $900 million in potential tariff-related costs for Apple. The tech giant’s strategic pivot to Indian manufacturing through Foxconn’s $1.5 billion expansion now faces political headwinds, compounding investor concerns about squeezed margins and softening demand.

|Square

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