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The Independent UK
The Independent UK
National
Karl Matchett

Why has Apple been so hard-hit by Trump tariffs?

Donald Trump Apple
  • Apple's market value has dropped by $1 trillion in three months, partly due to Trump's tariffs.
  • The company's reliance on Chinese manufacturing makes it vulnerable to tariffs, despite some production shifts to India and Vietnam.
  • Tariffs increase import costs, potentially raising iPhone prices and impacting sales, especially in China, Apple's largest market.
  • Apple faces challenges from Chinese competitors and slowing iPhone sales, exacerbated by the tariffs.
  • Shifting Apple's supply chain away from Asia is estimated to be costly and time-consuming, offering no quick fix to the tariff issue.

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