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President Trump’s reciprocal tariffs hit Apple stock in after hours trading

  • President Trump unveiled reciprocal tariffs at a White House event, pushing the total tariff on Chinese goods to 54%, posing a risk to Apple's supply chain.
  • Apple shares were down 7% in after-hours trading, affected by the news of reciprocal tariffs.
  • Apple production hubs in countries such as India, Vietnam, Malaysia, Thailand, and Ireland will be hit with varying tariffs.
  • The new tariffs will be effective from April 9, 2025.

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