Apple lost more than $ 250 billion in market value Thursday, with shares up to 8.5% due to President Donald Trump Spree price.
The iPhone manufacturer took one of the largest successes of Wall Street, where technological actions dropped while investors took the money from volatile assets. Tesla, Nvidia and Meta fell 6%, and Amazon’s shares dropped by 7.2%.
Trump unveiled scanning rates on Wednesday afternoon at least 10% in all areas, and even higher for some countries – the total rate of China, which increased to 54% – which will come into force on April 5. Wedbush Securities analysts said the prices are “worse than the worst case” for technological investors.
The White House insists that prices are not a negotiation tactic but a necessity to stimulate national manufacturing. The president described them to “release” the American economy.
Trump’s enormous prices on goods imported in the United States affect all the largest suppliers in Apple and Asian manufacturing centers, China in Taiwan, India in Vietnam, despite the efforts of the CEO Tim Cook to court the administration. This means that each model of iPhone, iPad, Mac and Accessory that Apple sells will be affected.
Cook will choose to increase the cost of consumers or to ensure that Apple takes losses, by wiping tens of billions of potential profits.
