Analysts Wedbush have run the numbers on the latest Trump tariff announcement, and said that it’s bad news no matter how Apple responds.
Trump yesterday announced that the US is imposing a 10% tariff on another $300 billion worth of goods imported from China in his latest escalation of the trade war. While we’re awaiting details, the prevailing assumption is that most Apple products would be hit by this, with AAPL stock falling 2% on the news …
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