Apple’s Stock Shook After Trump’s Bold Sue‑Fight
Apple’s shares and its Asian suppliers took a swift dent today after Donald Trump aired his latest rant on Twitter:
“If you want to keep your gadgets in the U.S., build ‘em here, so the tariffs don’t stick.”
Why the Shake‑Up? The Big Picture
- Trump’s 8/9 tweet was all‑in for American manufacturing – road‑to‑America “MAGA” style, complete with a nod to zero tax and the promise of a new tax incentive.
- Apple’s own message to U.S. trade officials warned that upcoming tariffs could raise the price for “a wide range” of its products, from the Apple Watch to other gadgets — though it left the iPhone untouched.
- The company, with a workforce exceeding 80,000 and more than 9,000 U.S. suppliers (according to the Wall Street Journal), found itself in the cross‑fire, prompting a market reaction.
What This Means for the Globe
Prices could climb if those big tariffs bite hard, which is a real headache for shoppers worldwide. But a “solution” is touted: build in the U.S. and say goodbye to those costly taxes.
In Short: The Takeaway
Apple’s average “watch‑only” tariff risk, the ripple effect on its supply chain, and Trump’s tax‑free mantra are all stoking a tense, yet infuriating, debate about where tech should be built and how tariffs shape our everyday gadgets.
