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Apple is getting screwed by Trump's tariffs

  • Donald Trump's tariffs are about to hit Apple hard.
  • A long-expected executive order signed by the president introduced a 34% tariff on goods from Apple's most important manufacturing hub - China.
  • China has long been Apple's central hub for manufacturing and assembling its products, and the tariffs threaten to raise the cost of Apple goods imported from China.
  • Analysts estimate that almost half of Apple's revenue is exposed to China through direct sales and the supply chain, and the new tariffs could have a significant impact on the company's total gross margin.

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