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Apple Shares Trim 3%+ Drop As White House Confirms 104% Tariffs Against China Go Into Effect Tonight At Midnight

April 9, 2025
Source: wccftech.com wccftech.com
News Snapshot:
Cupertino, California technology giant Apple's shares restarted their downward spiral today after press reports suggested that the Trump administration has decided to levy 104% tariffs on goods originating from China. Apple's shares have been on a downward spiral for most of this year as they've been hit by multiple negative catalysts such as delays to its AI software and more recently tariffs. The stock is down by 18.5% over the past five days alone, and the stock was up by close to 2% today as part of a broader market recovery that saw investors breathe in cautious sighs of relief...
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