Apple, Trump and iPhone
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The recent escalation in trade tensions initiated by President Trump has put Apple (AAPL) in a precarious position. The President's threats to impose a 25% tariff on iPhones have raised concerns about the company's future operations and profitability.
Apple was recouping some of its losses after President Donald Trump threatened to impose a levy on iPhones sold in the U.S.
3hon MSN
Just as investors thought they could take a break from tariff scares, President Trump’s threats of new levies against the EU and Apple threw trade tensions back into focus ahead of a long holiday weekend.