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Bloomberg Quint

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Image Credit: Bloomberg Quint

Apple Shares Slide After Tariffs Threaten To Hit Production Hubs

  • Apple Inc. shares fell as much as 5.6% after new tariffs targeting its production hubs were announced.
  • The tariffs would reach 34% for China, 46% for Vietnam, and 26% for India.
  • Investors are concerned that the tariffs will negatively impact Apple's bottom line.
  • Apple shares were down by 11% this year through the close of trading.

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