The Trump administration yesterday announced punishing import tariffs on a long list of countries, including all of Apple’s key manufacturing hubs. It’s been estimated that this would force the company to either increase US prices by 40% or see its profit slashed by 32%.
The news saw stock market slumps around the world, with AAPL stock falling more than 7% in pre-market trading on fears of the impact …
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Source: 9to5Mac
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