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Apple suffers biggest one-day drop in 5 years as Trump's tariffs trigger $300 billion sell-off

  • Apple suffered its biggest one-day drop in five years after Trump's tariffs triggered a roughly $300 billion sell-off.
  • Investors are spooked after Trump placed heavy tariffs on Apple's key supply chain hubs, particularly China.
  • The tariff plans threaten to raise the cost of imports from China, impacting Apple's manufacturing and assembly base.
  • Concerns arise regarding potential hit to consumer demand for Apple products if prices are raised to counter tariff costs.

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