<ul><li>The Trump administration's new tariffs target multiple countries where Apple sources components for its iPhones, iPads, and Macs.</li><li>Apple has worked to move some of its manufacturing to countries like India, Vietnam, and Thailand, all of which are facing steep tariffs in addition to China and Taiwan.</li><li>Devices imported from China will cost Apple an additional $8.5 billion annually without exemptions, potentially leading to price increases for consumers.</li><li>As a result of the tariff announcements, Apple stock is down 7.5 percent in after hours trading.</li></ul>

Apple Stock Falls as Trump Tariffs Target Supply Chain

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