Cupertino, California technology giant Apple’s shares restarted their downward spiral today after press reports suggested that the Trump administration has decided to levy 104% tariffs on goods originating from China. Apple’s shares have been on a downward spiral for most of this year as they’ve been hit by multiple negative catalysts such as delays to its AI software and more recently tariffs.
Apple Shares Trim 3%+ Drop As White House Confirms 104% Tariffs Against China Go Into Effect Tonight At Midnight comes via ChinaTechNews.com.